2023-05-18 11:00:05 ET
Take-Two Interactive Software (NASDAQ: TTWO) , maker of the popular Grand Theft Auto video game franchise , put pedal to the metal Thursday morning and raced ahead 10.7% through 9:45 a.m. ET after beating earnings last night.
Analysts were looking for a $0.68-per-share (pro forma) profit from Take-Two Interactive in its fiscal Q4 2023, but Take-Two actually reported a profit of $0.85, adjusted for one-time items .
But that news may not be quite as good as it sounds.
For further details see:
Why Take-Two Stock Took Off 10% Higher Today