Take-Two Interactive Software’s Shares Plummet 14% on Q2 Miss & Guidance Cut 
<p><a href='https://financialmodelingprep.com/financial-summary/TTWO'>Take-Two Interactive Software (NASDAQ:TTWO)</a> shares plunged more than 14% intra-day today after the company reported a Q2 miss and outlook cut.</p>
<p>Q2 EPS came in at ($1.54), worse than the Street estimate of $1.38. Revenue was $1.39 billion, missing the Street estimate of $1.56 billion. Macro headwinds, such as IDFA and weakening consumer spending (tied to inflation), are starting to increasingly impact The company’s business. </p>
<p>The company provided its fiscal 2023 outlook, expecting EPS to be in the range of ($4.22)-($3.95), compared to the Street estimate of $4.81. Full-year revenue is expected in the of $5.41-5.51 billion, worse than the Street estimate of $5.885 billion.</p>

NASDAQ:TTWO