Take-Two Interactive Software, Inc. to Report Fiscal Third Quarter 2017 Results on Tuesday, February 7, 2017
January 18 2017 - 8:00AM
Business Wire
Company will discontinue reporting certain
Non-GAAP financial measures
Take-Two Interactive Software, Inc. (NASDAQ:TTWO) today
announced that it plans to report financial results for the third
quarter of its fiscal year 2017, ended December 31, 2016, after the
market close on Tuesday, February 7, 2017. The Company plans to
hold a conference call to discuss its results at 4:30 p.m. Eastern
Time, which can be accessed by dialing (877) 407-0984 or (201)
689-8577. A live, listen-only webcast and a replay of the call will
be available at http://ir.take2games.com/.
In addition, Take-Two announced that, starting with its results
for fiscal third quarter 2017, the Company will discontinue
reporting Non-GAAP Cost of Goods Sold, Non-GAAP Gross Profit,
Non-GAAP Income from Operations, Non-GAAP Net Income, and Non-GAAP
Net Income Per Share. Take-Two will continue to disclose data that
is used internally by its management and Board of Directors to
adjust its GAAP financial results in order to evaluate the
performance of the Company’s business. This data includes but is
not limited to: change in deferred net revenue, change in deferred
cost of goods sold, stock-based compensation expense, non-cash
amortization of discount on convertible notes, and long-term tax
rate. In addition, the Company will continue to report its
operational metric – bookings.
About Take-Two Interactive Software
Headquartered in New York City, Take-Two Interactive Software,
Inc. is a leading developer, publisher and marketer of interactive
entertainment for consumers around the globe. The Company develops
and publishes products through its two wholly-owned labels Rockstar
Games and 2K. Our products are designed for console systems and
personal computers, including smartphones and tablets, and are
delivered through physical retail, digital download, online
platforms and cloud streaming services. The Company’s common stock
is publicly traded on NASDAQ under the symbol TTWO. For more
corporate and product information please visit our website at
http://www.take2games.com.
All trademarks and copyrights contained herein are the property
of their respective holders.
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version on businesswire.com: http://www.businesswire.com/news/home/20170118005181/en/
Take-Two Interactive Software, Inc.(Investor
Relations)Henry A. Diamond, 646-536-3005Senior Vice
PresidentInvestor Relations & Corporate
CommunicationsHenry.Diamond@take2games.comor(Corporate Press)Alan
Lewis, 646-536-2983Vice PresidentCorporate Communications &
Public AffairsAlan.Lewis@take2games.com
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