2 months ago
GAAP net income per diluted share increased 10% to $1.57
GAAP net cash provided by operating activities for the nine-months ended December 31, 2020 increased 79% to $787.7 million
Adjusted Unrestricted Operating Cash Flow (Non-GAAP) for the nine-months ended December 31, 2020 increased 56% to $854.3 million
Net Bookings were $814.3 million
Company again raises outlook for fiscal year 2021, including record Net Bookings
NEW YORK–(BUSINESS WIRE)–Take-Two Interactive Software, Inc. (NASDAQ: TTWO) today reported strong results for its fiscal third quarter 2021 ended December 31, 2020. In addition, the Company provided its initial outlook for its fiscal fourth quarter ending March 31, 2021 and again increased its outlook for the fiscal year 2021, ending March 31, 2021. For additional information, please see the fiscal third quarter 2021 results slide deck posted to the Company’s investor relations website at http://ir.take2games.co
GAAP net revenue was $860.9 million
GAAP net income per diluted share increased 10% to $1.57
GAAP net cash provided by operating activities for the nine-months ended December 31, 2020 increased 79% to $787.7 million
Adjusted Unrestricted Operating Cash Flow (Non-GAAP) for the nine-months ended December 31, 2020 increased 56% to $854.3 million
Net Bookings were $814.3 million
Company again raises outlook for fiscal year 2021, including record Net Bookings
NEW YORK–(BUSINESS WIRE)–Take-Two Interactive Software, Inc. (NASDAQ: TTWO) today reported strong results for its fiscal third quarter 2021 ended December 31, 2020. In addition, the Company provided its initial outlook for its fiscal fourth quarter ending March 31, 2021 and again increased its outlook for the fiscal year 2021, ending March 31, 2021. For additional information, please see the fiscal third quarter 2021 results slide deck posted to the Company’s investor relations website at http://ir.take2games.com.
While Don’t Nod seemed like a studio primed to be acquired by a larger publisher, it seems that the company is intent on staying independent for the time being by taking on investors. The latest company to invest in the studio is none other than Tencent, which now owns a minority stake.
It was announced this week that Tencent has acquired a minority stake in Don’t Nod for around €30 million. This cash infusion will allow the studio to continue making games across multiple platforms for a worldwide audience.
For those who don’t know, Don’t Nod is a European studio that is best known for Life is Strange 1 & 2. Other projects from the studio have included Vampyr, a small action-RPG game and Tell Me Why, another Life is Strange-esque cinematic story game.