Worth Watching Stocks News Buzz: Take-Two Interactive Software, Inc. (NASDAQ:TTWO), Kimberly Clark Corp (NYSE:KMB)

On Thursday, Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO), subtract -4.20% and closed at $46.94 in the last trading session. The last trading range of the stock ranges between $45.87 and $49.46. Take-Two Interactive Software, Inc. (TTWO) recently stated strong results for its fiscal second quarter 2017, ended September 30, 2016. In addition, the Company offered its initial financial outlook for its fiscal third quarter 2017, ending December 31, 2016, and updated its financial outlook for its fiscal year ending March 31, 2017.

Financial Results

For fiscal second quarter 2017, net revenue grew 21% to $420.2 million, as contrast to $347.0 million for fiscal second quarter 2016. The leading contributors to net revenue in fiscal second quarter 2017 were NBA® 2K16, Grand Theft Auto V® and Grand Theft Auto Online, BioShock®: The Collection, and XCOM® 2.

The change in deferred net revenue, which represents revenue recognized during the current period that was deferred in prior periods, net of revenue that is being deferred into future periods, was $59.3 million in fiscal second quarter 2017 as compared to $18.0 million in fiscal second quarter 2016.

Kimberly Clark Corp (NYSE:KMB), dropped -2.79% and closed at $112.15 in the last trading session. The last trading range of the stock ranges between $111.30 and $138.87. The company’s Market capitalization is $40.13 Billion with the total Outstanding Shares of 358.16 million. Kimberly-Clark Corporation, together with its auxiliaries, manufactures and markets personal care, consumer tissue, and professional products worldwide. The Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Kotex, U by Kotex, Intimus, Depend, Plenitud, Poise, and other brands. The Consumer Tissue segment provides facial and bathroom tissues, paper towels, napkins, and related products under the Kleenex, Scott, Cottonelle, Viva, Andrex, Scottex, Neve, and other brand names. The K-C Professional segment offers wipers, tissues, towels, apparel, soaps, and sanitizers under the Kleenex, Scott, WypAll, Kimtech, and Jackson Safety brands. The company sells household use products directly to supermarkets, mass merchandisers, drugstores, warehouse clubs, variety and department stores, and other retail outlets, in addition to through other distributors and e-commerce.

Leave a Reply

Your email address will not be published. Required fields are marked *