Take-Two Interactive Software (Nasdaq: TTWO) reported earnings on Oct. 31. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q2), Take-Two Interactive Software beat expectations on revenues and exceeded expectations on earnings per share.

Compared to the prior-year quarter, revenue increased significantly and GAAP loss per share dropped.

Margins grew across the board.

Revenue details
Take-Two Interactive Software reported revenue of $273.1 million. The four analysts polled by S&P Capital IQ looked for sales of $234.8 million on the same basis. GAAP reported sales were much higher than the prior-year quarter's $107.0 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at -$0.15. The four earnings estimates compiled by S&P Capital IQ predicted -$0.23 per share. GAAP EPS were -$0.15 for Q2 compared to -$0.57 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 42.0%, 1,180 basis points better than the prior-year quarter. Operating margin was -1.4%, 3,740 basis points better than the prior-year quarter. Net margin was -4.6%, 3,970 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $367.5 million. On the bottom line, the average EPS estimate is $0.82.

Next year's average estimate for revenue is $1.18 billion. The average EPS estimate is $0.38.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,141 members out of 1,231 rating the stock outperform, and 90 members rating it underperform. Among 280 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 261 give Take-Two Interactive Software a green thumbs-up, and 19 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Take-Two Interactive Software is outperform, with an average price target of $14.67.

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