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Take Two Interactive Software Inc  (TTWO)
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EARNINGS REPORT by CSIMarket

Earnings helped by tax benefit

A $120 million tax benefit, helped Take Two Interactive Software Inc to post $1.57 eps in the third quarter 2018

podium_By_James38_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsTake Two Interactive Software Inc has more than doubled it's results in the third quarter 2018 compare to same quarter a year ago, earnings per share soared by 647.62 % to $1.57 and Sales soared by 159.7 % to $1.25 billions.

Compare to previous quarter eps more than doubled by 613.64 % from $0.22 per share and Sales doubled by 153.46 % from $493 millions.

Net income of $180 millions in the third quarter 2018 increased by 615.78 % from net earnings of $25 millions reported in the third quarter 2018 a year ago. Take Two Interactive Software Inc also emphasized it's improving profit margins, where net margin rose to 14.41% in third quarter 2018, and operating margin edged up to 4.15%.

The company's bottom-line growth was helped by $120 million tax benefit, without it, the third quarter 2018 results would be much more moderate.


Take Two Interactive Software Inc is expected to report next financial results on May 10, 2019.


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Other TTWO's Earnings Reports

Take Two Interactive Software Inc reported second quarter 2018 earnings

Take Two Interactive Software Inc reported first quarter 2018 earnings

Take Two Interactive Software Inc reported forth quarter 2018 earnings

             
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