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Take-Two Interactive Software (TTWO) Stock Rises in After-Hours Trading on Earnings Beat

NEW YORK (TheStreet) -- Take-Two Interactive Software (TTWO - Get Report) stock was up by 4.02% to $34.38 in after-hours trading on Thursday, after the company's fiscal 2016 second quarter earnings results beat expectations.

The interactive entertainment developer reported earnings of 30 cents per share, compared to a loss of 44 cents per share for the year-ago period.

Revenue increased by 175% year over year to $347 million.

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Analysts surveyed by Thomson Reuters were expecting the company to report earnings of 15 cents per share on revenue of $318.33...