10-Q/APeriod: Q2 FY2015

TAKE TWO INTERACTIVE SOFTWARE INC Quarterly Report (Amendment) for Q2 Ended Sep 30, 2014

Filed January 9, 2015For Securities:TTWO

Summary

This filing is an amendment (10-Q/A) to Take-Two Interactive Software, Inc.'s (TTWO) Quarterly Report for the period ending September 30, 2014. The amendment's primary purpose is to re-file Exhibit 10.1, an Amendment to the Xbox 360 Publisher License Agreement with Microsoft Corporation, to address confidential treatment redactions requested by the SEC staff. No other financial or operational information from the original 10-Q report has been updated or modified by this amendment.

Financial Statements
Beta
Revenue$126.28M
Cost of Revenue$52.02M
Gross Profit$74.26M
Operating Expenses$122.77M
Operating Income-$48.51M
Net Income-$41.37M
EPS (Basic)$-0.51
EPS (Diluted)$-0.51
Shares Outstanding (Basic)80.36M
Shares Outstanding (Diluted)80.36M

Key Highlights

  • 1This filing is an amendment, specifically re-filing an exhibit, and does not contain new financial or operational data for the period ended September 30, 2014.
  • 2The core purpose of the amendment is to revise redactions on Exhibit 10.1, an Amendment to an Xbox 360 Publisher License Agreement with Microsoft Corporation, in response to SEC staff comments.
  • 3The Company is a large accelerated filer, indicating a significant market capitalization and regular reporting history.
  • 4The amendment includes new certifications from the CEO and CFO, as required by SEC rules for amendments.
  • 5No financial statements are being filed with this amendment, thus 18 U.S.C. 1350 certifications are not included.
  • 6The amendment is an exhibit-only filing and should be read in conjunction with the original 10-Q report filed on October 30, 2014.

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