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TheStreet Open House

Take-Two Interactive Software Management Discusses Q1 2013 Results - Earnings Call Transcript

Stocks in this article: TTWO

Take-Two Interactive Software (TTWO)

Q1 2013 Earnings Call

July 31, 2012 4:30 pm ET

Executives

Henry A. Diamond

Strauss H. Zelnick - Chairman, Chief Executive Officer, Member of Executive Committee and Member of Special Litigation Committee

Karl Slatoff - Chief Operating Officer

Lainie Goldstein - Chief Financial Officer and Principal Accounting Officer

Analysts

A. Justin Post - BofA Merrill Lynch, Research Division

Eric O. Handler - MKM Partners LLC, Research Division

Michael Hickey - National Alliance Capital Markets, Research Division

Arvind Bhatia - Sterne Agee & Leach Inc., Research Division

Daniel Ernst - Hudson Square Research, Inc.

Phil Anderson - Longbow Research LLC

Thomas Andrews

Thomas C. White - Macquarie Research

Presentation

Operator

Greetings, and welcome to the Take-Two Interactive First Quarter 2013 Results. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Hank Diamond, Senior Vice President of Investor Relations and Corporate Communications for Take-Two Interactive. Thank you. Mr. Diamond, you may begin.

Henry A. Diamond

Good afternoon. Welcome, and thank you for joining Take-Two's conference call to discuss its results for the first quarter of fiscal year 2013 ended June 30, 2012. Today's call will be led by Strauss Zelnick, Take-Two's Chairman and Chief Executive Officer; Karl Slatoff, our Chief Operating Officer; and Lainie Goldstein, our Chief Financial Officer. We will be available to answer your questions during the Q&A session following our prepared remarks.

Before we begin, I'm obliged to review our Safe Harbor statement by reminding everyone that the statements made during this call that are not historical facts are considered forward-looking statements under federal securities laws. These forward-looking statements are based on the beliefs of our management, as well as assumptions made by and information currently available to us. We have no obligation to update these forward-looking statements. Actual operating results may vary significantly from these forward-looking statements based on a variety of factors. These important factors are described in our filings with the SEC, including the company's annual report on Form 10-K for the fiscal year ended March 31, 2012. These documents may be obtained from our website at www.take2games.com.

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