Take-Two Interactive Software Reports Q3 EPS Beat, But Miss on Net Bookings 
<p><a href='https://financialmodelingprep.com/financial-summary/TTWO'>Take-Two Interactive Software, Inc. (NASDAQ:TTWO) </a>reported mixed Q3 results, with EPS coming in at $1.32, beating the consensus estimate of $1.12. Net bookings of $866 million missed the estimates, with weaker performance in mobile RCS offsetting strong 10% growth from NBA 2K22. However, solid expense management during Q3 led operating income and Adjusted EPS to beat the Street estimates. </p>
<p>Analysts at Deutsche Bank provided their views on the company following the results, mentioning they remain positive on the company based on the following:</p>
<p>(1)	Robust long-term growth outlook that the brokerage views as underappreciated.</p>
<p>(2)	Potential value creation from the company's proposed Zynga acquisition.</p>
<p>(3)	The recent wave of consolidation across the interactive entertainment industry highlights the value and scarcity of scaled video game content assets, like Take-Two. </p>
<p>The analysts lowered their price target on the company’s shares to $215 from $225, while reiterating their buy rating.</p>

NASDAQ:TTWO