What happened Shares of Take-Two Interactive Software Inc (NASDAQ: TTWO) were surging Thursday after the video game maker posted impressive first-quarter results. As of 10:55 a.m. EDT, the stock was up 11%. Image source: Getty Images. So what The Grand Theft Auto-maker aggressively lifted its guidance for the year, and reported strong growth on the top and bottom lines. Net sales increased 28% in the period to $348.3 million, which crushed estimates at $281.4 million. Digitally delivered net revenue increased 56% to $268.2 million, and recurrent consumer spending was up 72%. Earnings per share, meanwhile, flipped from a loss of $0.46 a year ago to a gain of $0.57, easily beating estimates at $0.40, as performance was boosted by games like NBA 2K17, Grand Theft Auto V, and Grand Theft Auto Online and gross margin surged. CEO Strauss Zelnick said, "Fiscal 2018 is off to an excellent start, with our business's positive momentum continuing to exceed our expectations in the first quarter." Now what Looking ahead, the company upped its full-year net sales forecast from $1.42 billion-$1.52 billion to $1.65 billion-$1.75 billion, which was also ahead of the analyst consensus of $1.54 billion. Zelnick said strong growth would continue through fiscal year 2019 as the company launches Red Dead Redemption 2 and a highly anticipated title from a 2K franchise. Video-game stocks have been flying higher in recent years as Take-Two is now up more than 300% over the last three years. With the industry tailwinds and a strong slate of launches ahead, I'd expect the stock to continue to outperform. 10 stocks we like better than Take-Two Interactive When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Take-Two Interactive wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of August 1, 2017Jeremy Bowman has no position in any stocks mentioned. The Motley Fool owns shares of and recommends Take-Two Interactive. The Motley Fool has a disclosure policy.