(, March 04, 2010 ) Dallas, Tx – Take-Two Interactive Software, Inc. (NASDAQ:TTWO) jumped 6.20% to $9.59 after the company reported a better than expected Q1 results. It reported that its loss narrowed to $33.9 million, or 43 cents per share, compared to a net loss of $50.4 million, or 66 cents per share, a year ago quarter. Adjusted loss reported at 31 cents a share, way ahead of the analysts estimates of 51 cents a share.
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Net revenue rose 9% to $163.2 million, higher than estimated revenues of $125.5 million. The company also raised its current quarter earnings. It now expects a loss of 40 cents to 60 cents a share on revenue of $725 million to $925 million.
Zumiez Inc. (NASDAQ:ZUMZ) shares soared 27% to $20.30 after its same-store sales surprisingly rose 11.20%, easily beat the estimated rise of 1.20%.Total net sales for the four weeks ended Feb. 27 increased 19.6% to $27.6 million, said the specialty apparel retailer.
Foot Locker, Inc. (NYSE:FL) rose 9% to $14.19 after the company’s earnings came a penny lower than expected. For the fourth quarter, its EPS came at 24 cents a share and revenue rose 0.60% to $1.33 billion, marginally higher than the consensus of $1.31 billion.
CACI International Inc (NYSE:CACI) jumped 1.15% to $50.90 after it said Thursday it was awarded a $588 million contract to support the U.S. Navy’s Space and Naval Warfare Systems Command’s command and control operations.
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