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Take-Two Interactive beat expectations with the
fiscal Q2 2015 results they released today, showing a GAAP net loss of $41.4
million and a non-GAAP net loss of $35.4M, causing them to raise their outlook
for the year. Word is: "For fiscal second quarter 2015, GAAP net revenue was
$126.3 million, as compared to $148.8 million for fiscal second quarter 2014.
GAAP net loss from continuing operations narrowed to $41.4 million, or $0.51 per
diluted share, as compared to a net loss of $124.1 million, or $1.40 per diluted
share, for the year-ago period. GAAP results for fiscal second quarter 2014
excluded net revenue and cost of goods sold related to sell-in of the Grand
Theft Auto V® game during that quarter, as Grand Theft Auto Online launched
during fiscal third quarter 2014."
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