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Take-Two Interactive Software, Inc. Reports Strong Results for Fiscal Third Quarter 2021


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.t ....

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Flowserve Launches RedRaven IoT Services Platform Giving Companies Remote Control Over Critical Aspects of Operations


Press release content from Business Wire. The AP news staff was not involved in its creation.
Flowserve Launches RedRaven IoT Services Platform Giving Companies Remote Control Over Critical Aspects of Operations
January 26, 2021 GMT
DALLAS (BUSINESS WIRE) Jan 26, 2021
Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today the launch of a revolutionary IoT service suite to help production facilities monitor their assets remotely, predict equipment failures before they happen and take preventive measures to avoid business disruptions. Called RedRaven, the new platform supports any flow control equipment regardless of manufacturer, opening the door for companies to quickly realize the full benefits of IoT and predictive analytics without major infrastructure changes. ....

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Take-Two Interactive Software, Inc. Provides Statement Regarding Offer for Codemasters Group Holdings plc by Codex Games Limited, an Indirect Subsidiary of Electronic Arts Inc. – Consumer Electronics Net


4 months ago
NEW YORK–(BUSINESS WIRE)–Take-Two Interactive Software, Inc. (NASDAQ:TTWO) today noted the announcement by Codex Games Limited, an indirect subsidiary of Electronic Arts Inc. (“Electronic Arts”) of a firm intention to make an offer for Codemasters Group Holdings plc (“Codemasters”) at 604 pence in cash for each Codemasters share held (the “Electronic Arts Offer”) and the announcement by the Board of Codemasters to change its recommendation from the acquisition of Codemasters by Take-Two in favor of the Electronic Arts Offer.
Take-Two is considering its position in relation to Codemasters and a further announcement will be made when appropriate. ....

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