Take Two and Video Game Makers Report With New Financial Measures -08/04/16 at 4:47 PM CDTby Perry Rod

Take Two Interactive, Inc. reported earnings that at first glance looked unusually strong, guiding a full year earnings-per-share outlook of $2.00 to $2.25 versus a prior outlook of about half of those numbers. Even analysts were confused with several asking for help on how to compare the earnings and revenues numbers to prior numbers and outlook. The vid...

Are We Wrong on GME? -05/29/15 at 12:19 PM CDTby breinejm

Reading earnings news on Gamestop Inc. (GME), I am, for the first time, questioning if we are right with GME. I know digital is increasing, but they are getting some of that pie. The customers are extremely loyal and buy DLC (cards) through them. Their Apple product sales are increasing as Apple is increasing their product offerings. Combined with this be...

Take Two Analysts Weigh In on Latest Earnings Report -05/19/15 at 7:03 AM CDTby Perry Rod

Take Two Interactive reported stronger than expected results for the final quarter of their fiscal year and issued better than expected numbers for the first quarter of their fiscal year. However, their guidance for the full year of .75-$1.00 was below consensus of $1.29. Their revenue guidance was also below consensus. Credit Suisse analysts reduced thei...

Are Executives At Rockstar Getting Half The Profits At Take Two Inter... -12/16/13 at 12:45 PM CSTby Perry Rod

In 2008, after the successful launch of their hit title, Grand Theft Auto 4, Take-Two (TTWO) Interactive's (TTWO) CEO Strauss Zelnick said that they had secured an employment agreement with key Rockstar talent. The deal was an incentive program "primarily based on a profit sharing arrangement." At the time, there were reports that CEO Robert Kotick of Act...

NBA Lockout May Prove Damaging to Take Two Interactive Bottom Line -10/10/11 at 8:07 AM CDTby Perry Rod

While Take Two Interactive (NASDAQ:TTWO) CEO Strauss Zelnick reiterated on his company’s last conference call that the implications of an NBA lockout were unknown and would not affect company guidance for their related NBA title, NBA 2K12 has quietly hit the market this week.  The only problem is it has been a little too quiet with sales appear...

When Activision's Director Sells, Investors Should Pay Attention -09/18/11 at 6:30 AM CDTby Perry Rod

Brian Kelly, Activision Inc.'s (NASDAQ:ATVI) Co-Chairman, sold about 1.6 million worth of Activision stock from exercised options last week.  This was reported in a filing to the Securities and Exchange Commission late Friday after regular trading. Kelly's timing for stock sales has been impressive and even slightly better than well known CEO Robert ...

Lies, Damned Lies, and Take Two Interactive Release Dates -05/23/11 at 2:25 PM CDTby Perry Rod

Investors are often taught to look forward, not backward.  With video game publisher Take Two Interactive (NASDAQ:TTWO), in particular, investors have been encouraged to look to the future and away from a messy past.  However, sometimes the past can expose consistencies that require attention. Get this.  In the last five fiscal years review...

The Cost of L.A. Noire for Take Two Interactive -04/25/11 at 11:21 PM CDTby Perry Rod

Take Two (TTWO) Interactive, Inc. [NASDAQ:TTWO] has had its fair share of CEO’s come and go, from stock option criminal Ryan Brant to board takeover leader Strauss Zelnick.  But one leadership role has remained the same for over ten years – the producers at Rockstar Games. Every few years investors begin to worry about the same question: ...

Take Two Chairman: "We are reporting good results" -10/18/10 at 10:23 AM CDTby Perry Rod

This morning on Bloomberg Television's "InsideTrack," Strauss Zelnick, Chairman of Take Two Interactive Software, Inc. (TTWO) seemed to suggest that Take Two performed well in the month of September, which is Take Two's second month of its unreported fourth quarter. “The September reports were that business is down about 8% - not very exciting &ndas...

Take Two, THQ Down 20% in August -09/01/10 at 12:56 PM CDTby Perry Rod

With the NASDAQ and Dow Jones Index down 6% and 4%, respectively, two video game publishers have seen their shares beaten down to a bloody pulp in the last month – THQ Inc. (NASDAQ:THQI) and Take Two Interactive (NASDAQ:TTWO). Competitor Electronic Arts (NASDAQ:ERTS), meanwhile, was down 4% in the same period. THQ issued a weak quarterly update whic...

Michael Pachter Overestimates, Take Two Interactive Shares Tumble -08/12/10 at 9:07 PM CDTby Perry Rod

Call it the Pachter effect. Video game analyst Michael Pachter, who himself has seemed to admit in the past that his monthly U.S. sales estimates for publishers come without much extensive research, has perhaps managed to help move Take Two Interactive’s stock (NASDAQ:TTWO) down about 17% in only three days.  How?  On Monday of this week,...