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Take-Two Q1 earnings beat expectations ahead of GTA VI launch
Proactive5d agobullish
Take-Two Q1 earnings beat expectations ahead of GTA VI launch

Take-Two Interactive Software Inc (NASDAQ:TTWO) reported first-quarter revenue of $1.53 billion, topping analyst estimates of $1.41 billion, as the video game publisher prepares for the November 19 launch of "Grand Theft Auto VI." Net bookings for the quarter came in at $1.39 billion, down 3%...

Investing.com5d agobullish
Take-Two shares dip as soft guidance overshadows Q1 beat ahead of GTA VI

Investing.com -- Take-Two Interactive Software (NASDAQ: TTWO) delivered a solid start to its fiscal year, but a cautious outlook for upcoming quarters caused investors to pump the brakes. The video game giant posted first-quarter net bookings of $1.39 billion—down 3% year-over-year, but beating its own guidance and topping Wall Street estimates of $1.37 billion. Total net revenue climbed 2% year-over-year to $1.53 billion, surpassing the $1.49 billion expected by analysts. Despite the initial to

Sony hikes profit forecast on gaming strength
Reuters13d agobullish
Sony hikes profit forecast on gaming strength

Sony on Friday hiked its full-year operating profit forecast by 8% to 1.72 trillion yen ($10.72 billion), ‌citing the strength of its gaming business. The Japanese conglomerate has received ‌plaudits for its pivot to entertainment, but the market is concerned about the impact of ​AI and a memory chip price boom on its business. In the April-June quarter, ‌group operating profit rose 40% ⁠to 476.5 billion yen, beating analyst estimates, due to the strength of the gaming and image sensors businesses.