Take-Two Interactive posted earnings that exceeded the company’s own expectations for the second fiscal quarter ended September 30. In afterhours trading, the stock rose 4 percent in part because of strong sales of Red Dead Redemption 2, which began shipping on October 26.
Take-Two reported GAAP earnings per share of 22 cents on revenues of $492.6 million, within the range that Take-Two predicted of $480 million to $530 million. The number is lower than what Wall Street expected.
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