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Update: Take-Two - Next Quarter To Offer Massive Upside As Well

In my recent preview, I argued that Take-Two (NASDAQ:TTWO) was likely to post a massive FQ3 beat following impressive "GTA V" sell-through data from both NPD and VGChartz (7.5M shipments on next-gen consoles). I estimated Take-Two's quarterly revenue at $875M, 14% above the Street at that time, adding that the upside could be even more significant should the company's other titles perform well and that a 20-30% FY15 EPS guidance raise was likely. Apparently, my forecasts were not sufficiently bullish as the company reported Q3 revenue 20% above the Street at $954M, driven by 10M "GTA V" shipments, and raised its EPS outlook by more than…