John Freeman, CFRA Vice President, Equity Research, discusses Take-Two Interactive and Activision Blizzard earnings. You can see the full interview here. Key video highlights 00:00 On earnings surprise 00:11 On Call of Duty 00:33 On video game business
The stock market has finally started to hit some resistance after a strong start to 2023. On Tuesday, the Nasdaq rose about half a percent as of 12:45 p.m. ET. Skyworks Solutions (NASDAQ: SWKS) and Take-Two Interactive Software (NASDAQ: TTWO) have both come a long way since their modest beginnings, and investors were happy to see both companies post financial results that signaled their ability to thrive even in tough times for the broader economy.
Take-Two's (TTWO) third-quarter fiscal 2023 results benefit from robust portfolio strength, driving Game and advertising revenues.