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Take-Two Interactive (TTWO) Stock Advances in After-Hours Trading on Q1 Beat

NEW YORK (TheStreet) -- Shares of Take-Two Interactive (TTWO) are climbing in after-hours trading on Thursday after reporting higher-than-anticipated results for the 2017 fiscal first quarter.

After today's market close, the New York-based video game developer posted an adjusted loss of 21 cents per share, narrower than the loss of 29 cents per share that analysts had expected. Last year, the company had a loss of 40 cents per share.

Revenues rose 13% year-over-year to $311.55 million, surpassing analysts' estimates of $259.42 million.

"Our results were driven by the continued strong performance...


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