Take-Two Interactive Software, Inc. F3Q08 (Qtr End 07/31/08) Earnings Call Transcript

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Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Q3 2008 Earnings Call September 4, 2008 4:30 PM ET

Executives

Cindy Buckwalter - Executive Vice President

Strauss Zelnick - Chairman of the Board

Benjamin Feder - CEO

Lainie Goldstein - CFO

Analysts

Anthony Gikas - Piper Jaffray

Mike Hickey - Janco Partners

Daniel Ernst - Hudson Square Research

Benjamin Schachter - UBS

Doug Creutz - Cowen & Company

Edward Williams - BMO Capital Markets

Eric Handler - Lehman Brothers

John Taylor – Arcadia Investment Corporation

Operator

Greetings ladies and gentlemen and welcome to the Take-Two Interactive Software, Q3 2008 results. (Operator Instructions) It is now my pleasure to introduce your host, Ms. Cindy Buckwalter, Executive Vice President for Take-Two Interactive. Thank you, Ms. Buckwalter; you may begin.

Cindy Buckwalter

Welcome and thank you all for joining us for our third quarter conference call. Today’s call will be led by Strauss Zelnick, Chairman of Take-Two; Ben Feder, our CEO; and Lainie Goldstein, our CFO. Our team will be available to answer your questions during the Q&A session following our prepared remarks.

Before we begin, I would first like to quickly 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, including the risks associated with our process to evaluate strategic alternatives.

These important factors are described in our press release today and our filings with the SEC, including our 10-K for the fiscal year ended October 31, 2007 and our 10-Qs

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