Slide 1: Take-Two Interactive Software, Inc. Fourth Quarter Fiscal 2019 Results
Take-Two Interactive Software, Inc. (NASDAQ: TTWO) Fourth Quarter Fiscal 2019 Results
Slide 2: Cautionary Note: Forward-Looking Statements
CAUTIONARY NOTE: FORWARD-LOOKING STATEMENTS The statements contained herein which are not historical facts are considered forward- looking statements under federal securities laws and may be identified by words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "potential
Slide 3: Net Revenue & Net Bookings
Net Revenue & Net Bookings 3,000 3,000.0 $ in Millions Net Revenue $2,668 $2,700 - $2,800 2,500 2,500.0 $986 2,000 2,000.0 $1,793 1,500.0 1,500 1,200 1,200 $662 40% of 1,000 1,000 Total 1,000.0 42% of 1,000 800 800 $1,682 Total 600 $539 600 $450 54% of $125 $1,131 500 500.0 400 44% of $149 Total 400
Slide 4: Cash Flow
Cash Flow Net Cash Provided by Operating Activities (1) $900 in Millions $844 800 700 600 $494 500 $430 400 300 200 $90 100 $62 $67 - FY18 FY19 FY20E Net Cash Provided by Operating Activities Capital Expenditures Adjusted Operating Cash Flow (Non-GAAP) (2) $ in Millions $715 $450 $394 $90 $62 $67 (3
Slide 5: Non-GAAP Financial Measure
Non-GAAP Financial Measure In addition to reporting financial results in accordance with U.S. generally accepted accounting principles (GAAP), the Company uses a Non-GAAP measure of financial performance: Adjusted Operating Cash Flow, which is defined as GAAP net cash from operating activities, adju
Slide 6: Reconciliation of GAAP to Non-GAAP Measure
RECONCILIATION OF GAAP TO NON-GAAP MEASURE $ in Thousands Twelve Months Ended March 31, 2019 2018 Net (used in) provided by operating activities $ 843,515 $ 493,527 Net change in Restricted cash (1) (128,063) (99,580) Adjusted Operating Cash Flow $ 715,452 $ 393,947 FY 2019 FY 2018 Restricted cash b
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