EmailTake-Two (TTWO $12.01 +0.85) reported fourth quarter loss of $0.60 per share, excluding non-recurring items, $0.05 worse than the Capital IQ Consensus of ($0.55), while revenues fell 18.8% year/year to $148.1 million versus the $142.45 million consensus. The company issued guidance for the first quarter with EPS of ($0.75)-($0.60), may not be comparable to $0.22 Capital IQ Consensus. The company sees first quarter revenues of $225-275 million versus the $322.73 million consensus.
The company issued guidance for fiscal year 2013 with EPS of $2.00-2.25, may not be comparable to $2.83 Capital IQ Consensus Estimate; sees FY13 revs of $1.75-1.85 bln vs. $1.82 bln Capital IQ Consensus Estimate. The Company's Non-GAAP net income (loss) per diluted share outlook includes the negative impact from an expected one-time payment in June of $15 million, or $0.18 per diluted share for the first quarter ending June 30, 2012 and $0.13 per diluted share for the fiscal year ending March 31, 2013. "Fiscal 2013 kicked off with the successful launch of Max Payne 3, which received outstanding reviews and promises to be another hit for Rockstar Games. We have a fantastic lineup of upcoming releases for the balance of the year and the strongest development pipeline in the Company's history." Grand Theft Auto V planned release listed as TBA.
