Light guidance sends Take-Two lower AH, even as current quarter beats

• Take-Two Interactive (NASDAQ:TTWO) -1.7% AH after reporting FQ4 earnings and revenues that easily beat expectations but issuing downside guidance for the current quarter and fiscal year.
• In FQ4, steady sales of new videogame titles including "Grand Theft Auto" were not enough to prevent a 23% drop in revenue over the year-ago quarter when results benefited from the release of "BioShock Infinite."
• Guidance for Q1 sees EPS loss of $0.35-$0.25 vs. analysts consensus estimate of a $0.12 loss, and revenues of $120M-$135M vs. $223M consensus.
• FY 2015 guidance forecasts EPS of $0.80-$1.05 vs. $1.10 consensus and revenues of $1.35B-$1.45B vs. $1.38B consensus.