Take-Two Interactive's third-quarter revenue missed Wall Street expectations after the video game maker sold fewer copies of its basketball video game, NBA 2K12, than expected.
Take-Two's revenue fell to $236.3 million compared with $334.3 million a year earlier and were below analysts' expectations of $249.16 million, according to Thomson Reuters
The company reported net income of $14.1 million, or 16 cents a share compared with $40.86 million, or 45 cents per share a year ago.
Adjusted for the deferral of digital revenue, the company's adjusted net income was $28.95 million, or 27 cents per share, compared with $49.5 million, or 52 cents per share, a year ago.
This beat Wall Street estimates of 23 cents per share. The company's stock rose about 2 percent in extended trading after closing 0.25 percent down at $15.72.
(Reporting By Liana B. Baker; editing by Andre Grenon)