It is now my pleasure to introduce your host, Nicole Shevins, senior vice president of IR and corporate communications. Today's call will be led by Strauss Zelnick, Take-Two's chairman and chief executive officer; Karl Slatoff, our president; and Lainie Goldstein, our chief financial officer. Before we begin, I'd like to remind everyone that statements made during this call that are not historical facts are considered forward-looking statements under federal securities laws.
The stock market has finally started to hit some resistance after a strong start to 2023. On Tuesday, the Nasdaq rose about half a percent as of 12:45 p.m. ET. Skyworks Solutions (NASDAQ: SWKS) and Take-Two Interactive Software (NASDAQ: TTWO) have both come a long way since their modest beginnings, and investors were happy to see both companies post financial results that signaled their ability to thrive even in tough times for the broader economy.
Take-Two's (TTWO) third-quarter fiscal 2023 results benefit from robust portfolio strength, driving Game and advertising revenues.