BlackBerry Aims for Financial Growth, Take-Two Interactive Software Shines in Q4 Financial Report
- May 17th, 2023
- 319 views
BlackBerry Limited (NYSE: BB) has unveiled its long-term financial targets, outlining its strategic objectives for the future.
The company is aiming to achieve substantial improvements in non-GAAP EPS loss and cash flow utilization in FY24, with the ultimate goal of attaining non-GAAP profitability by Q4 FY24.
Looking further ahead, BlackBerry aims to generate positive full-year non-GAAP EPS and cash flow starting from FY25. These targets reflect the company's commitment to strengthening its financial performance and positioning itself for sustainable growth.
In after-hours, $BB is trading at $5.39, exhibiting a minor increase of $0.01 or 0.19%.
Take-Two Interactive Software, Inc. (Nasdaq: TTWO) has released its financial results for the fourth quarter and fiscal year 2023, concluding on March 31, 2023.
In Q4 FY2023, the company experienced an impressive 56% increase in GAAP net revenue, reaching $1.45 billion compared to $930.0 million in the previous fiscal fourth quarter. Moreover, the full FY2023 GAAP net revenue rose by 53% to $5.35 billion, surpassing the $3.50 billion achieved in FY2022.
Take-Two has also provided its initial outlook for the future. For Q1 FY2024, the company expects GAAP net revenue to range from $1.21 to $1.26 billion, while for Full-FY2024, the projected GAAP net revenue is anticipated to range from $5.37 to $5.47 billion.
$TTWO is trading at $136.75 in after-hours, reflecting a significant increase of $11.73 or 9.38%
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Post Your Comments
Want To Find Some News?
Recent Posts
-
NJCP National Football Conference Names David Dalton Head Coach of Salt Lake Yeti
February 06th, 2026FDA Takes New Approach to "No Artificial Colors" Claims
February 06th, 2026NJCP National Football Conference Announces Micah Deckart as Head Coach of the Idaho Outlaws
February 05th, 2026




Member Login