Take-Two Interactive (TTWO) Earnings: What to Expect

NEW YORK (TheStreet) -- Take-Two Interactive (TTWO), owner of Rockstar Games and 2K Games, is due to report fourth-quarter and full-year earnings after the bell Tuesday.

The New York-based video game developer is expected to report adjusted net income of $10.94 million, or 10 cents a share, in its March-ended quarter, according to analysts surveyed by Thomson Reuters. A year earlier, the company reported net income of $42.86 million, or 38 cents a share. 

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Revenue is expected to fall 33.2% from a year earlier to $202.51 million.

For its full year, net income of $501.96 million, or $4.21 a share, is forecast, far higher than net income of $33.08 million, or 36 cents a share, in the year-ago quarter.

Revenue is expected to soar 95% year over year to $2.38 billion, thanks to successful releases earlier in the year such as Grand Theft Auto V.

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