Take-Two misses sales guidance, downgrades forecast again

1 year 3 months ago

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Take-Two reported its earnings for the third quarter today, showing increased sales and net losses just like the first two quarters of its fiscal year, with the added disappointment of missing its own revenue and bookings forecasts.

Accordingly, it also downgraded its full-year revenue projections, and cautioned investors that net losses would be deeper than previously expected.

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Author
Brendan Sinclair