Take-Two Interactive Software Inc. (TTWO) CEO Strauss Zelnick on Q3 2020 Results - Earnings Call Transcript

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Q3: 2020-02-06 Earnings Summary

EPS of $1.70 misses by $0.05
 | Revenue of $888.18M (-43.38% Y/Y) misses by $32.98M

Call Start: 16:30 January 1, 0000 5:31 PM ET

Take-Two Interactive Software Inc. (NASDAQ:TTWO)
Q3 2020 Earnings Conference Call
February 6, 2020 16:30 ET

Company Participants

Hank Diamond - Senior Vice President, Investor Relations
Strauss Zelnick - Chairman and Chief Executive Officer
Karl Slatoff - President
Lainie Goldstein - Chief Financial Officer

Conference Call Participants

Todd Juenger - Sanford Bernstein
Doug Cruetz - Cowen & Company
Drew Crum - Stifel
Andrew Uerkwitz - Oppenheimer
Matthew Thornton - SunTrust
Ryan Gee - Bank of America
Eric Sheridan - UBS
Mario Lu - Barclays
Eric Handler - MKM Partners
Mike Ng - Goldman Sachs
Raymond Stochel - Consumer Edge Research
Alex Giaimo - Jefferies
Jeff Cohen - Stephens Inc.

Operator

Greetings and welcome to Take-Two Interactive Software’s Q3 2020 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] Please note this conference is being recorded. I would now like to turn the conference over to your host, Mr. Hank Diamond, Senior Vice President of Investor Relations. Thank you. You may begin.

Hank Diamond

Good afternoon. Welcome and thank you for joining Take-Two’s conference call to discuss its results for the third quarter of fiscal year 2020 ended December 31, 2019. Today’s call will be led by Strauss Zelnick, Take-Two’s Chairman and Chief Executive Officer; Karl Slatoff, our President; 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 would like to remind everyone that 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

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