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Take-Two Interactive Software, Inc. Reports Results for Fiscal First Quarter
2015, showing a loss for the period, but noting the results are better than
expected, and shows "Non-GAAP revenue growth without the benefit of any major
new releases." Word is: "For fiscal first quarter 2015, Non-GAAP net revenue
grew 5% to $151.6 million, as compared to $144.3 million for the year-ago
period. Non-GAAP net loss narrowed to $11.2 million, or $0.14 per diluted share,
as compared to $47.1 million, or $0.54 per diluted share, for the year-ago
period." In the discussion of the up and downs of their business, they reveal a
delay to Evolve, presumably to ensure the upcoming first-person shooter
is intelligently designed. Evolve was expected in
October, but it has now been pushed back to February 10, 2015. Here's word:
Here's word on that:
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