Take-Two Interactive Software Analyst Update: VLM Research Issued by BrokerBank Securities

NEW YORK, May 20, 2015 /PRNewswire/ -- Shares of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) rallied 18% on Tuesday.  The stock appears attractively priced for a potential rebound in the company's fundamentals.

On May 18, 2015, Take-Two reported better than expected results for the fourth quarter of fiscal year 2015.  Revenues grew 54% over the fourth quarter of 2014 to $300.1 million.  Cash and short-term investments grew to $1.098 billion up from$976.6 million as of December 31, 2014.  Non-GAAP EPS grew to $0.49 per share vs $0.21 a year ago.  Additionally, the company's Board of Directors approved an increase to its share repurchase authorization up to an aggregate of 10 million shares of TTWO.

An analyst report on TTWO that includes a brief company overview, market overview, financial review, analyst summary, valuation, and recommendation can be viewed by using the following link at no cost.

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This report was prepared for informational purposes only.  Affiliated parties involved with producing and issuing this report have not been compensated in any form by profiled company.  A full disclaimer can be found by viewing the full analyst report.

FORWARD-LOOKING DISCLAIMER   

This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.  

COMPLIANCE PROCEDURE   

Content is researched, written and reviewed on a best-effort basis. This document, article or report is written and authored by Michael McCord, CFA charterholder. However, we are only human and may make mistakes. If you notice any errors or omissions, please notify us below.

BrokerBank Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number #130116.

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SOURCE BrokerBank Securities, Inc.

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