Take-Two Interactive Software (TTWO) fiscal Q1 results were stronger than expected, while management
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Take-Two Interactive Software Inc (NASDAQ:TTWO) shares slipped 0. 7% in pre-market trading on Monday to $244.
Moby summary of Take-Two Interactive Software, Inc.'s Q1 2027 earnings call
Take-Two beats Q1 guidance with $1.39B in net bookings, reiterates fiscal 2027 outlook amid unprecedented GTA VI pre-orders.
Take-Two Interactive Software (NASDAQ:TTWO) reported first-quarter fiscal 2027 net bookings of approximately $1.39 billion, slightly above its guidance range of $1.32 billion to $1.37 billion, as NBA 2K and the Grand Theft Auto series outperformed expectations. Chairman and Chief Executive Officer
The video game publisher reported first-quarter net bookings of $1.39 billion, slightly above its own guidance range
The video-game company recorded higher sales in its fiscal first quarter but losses widened due to discontinued development of a title in its pipeline.
(Updates with Grand Theft Auto release date in seventh paragraph.) Take-Two Interactive Software
Take-Two reiterates fiscal 2027 guidance for net bookings even as ‘Grand Theft Auto VI’ preorders began June 25.
Take-Two Interactive maintained its annual bookings forecast on Friday, but reiterated the November 19 launch date for its highly anticipated title "Grand Theft Auto VI", bringing the blockbuster release one step closer to fans. Shares of the company were marginally up in volatile premarket trading after Take-Two projected current-quarter bookings below Wall Street estimates, signaling continued weakness from the lack of new titles ahead of "GTA VI" release. The videogame publisher began taking pre-orders for "GTA VI" on June 25, but did not provide any details on demand trends in its earnings report.
Sony is set to be a major beneficiary of the launch of "Grand Theft Auto VI" but the highly anticipated game is landing as the PlayStation maker grapples with rising prices of memory chips. The Japanese entertainment conglomerate, widely seen as the winner of the high-end console wars as Microsoft's Xbox business retrenches, has a long history with Take-Two Interactive Software, which will launch its delayed "GTA VI" on November 19. "GTA VI will be console only and the vast majority of new users will choose a PlayStation 5," said Serkan Toto, founder of Kantan Games consultancy.
Take-Two Interactive is scheduled to report its fiscal first-quarter results later next month, and analysts are expecting earnings to decline by double digits year over year.
Sales of video game "Grand Theft Auto 6" from Take-Two Interactive Software appear to be off to a strong start. TTWO stock rose Thursday.
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Take-Two Interactive (TTWO) investors are waiting years for Grand Theft Auto VI. Makes sense. Few entertainment releases have the same financial heft, cultural reach, or investor expectation. But the bigger story might not be how many copies Rockstar Games sells in the first few weeks. It may be ...
Investing.com -- BTIG launched coverage of Take-Two Interactive with a Buy rating and a $290 price target on Wednesday, arguing that the upcoming release of Grand Theft Auto VI will drive a sustained earnings recovery for the video game publisher.
Take-Two Interactive Software on Wednesday priced "Grand Theft Auto VI" at $79.99 and stuck to its previously announced November 19 release date, bringing the industry's most anticipated title closer to launch after multiple delays. The price makes "GTA VI" one of the most expensive base versions of a top-tier game, pushing it above the $69.99 ceiling that blockbusters such as Sony's "Ghost of Yōtei" and Nintendo's "Legend of Zelda: Tears of the Kingdom" have held for years. The "Ultimate Edition" of the game will cost $99.99 and add exclusive vehicles, weapons and apparel woven into the story of Jason and Lucia, the protagonists of the game, Take-Two said.
Take-Two Interactive Software shares rose after the video game publisher announced a presales date for "Grand Theft Auto 6."
Take-Two Interactive Software said preorders for its hotly anticipated Grand Theft Auto VI begin June 25 on digital storefronts and at select retailers.
June 18 (Reuters) - Take-Two Interactive's highly awaited "Grand Theft Auto VI" will become available to pre-order on June 25, the game's developers said on Thursday, likely sealing its November 19
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Take-Two Interactive (TTWO) just had the kind of post-earnings day that looks ugly on a chart but reads very differently in a research note. The stock closed down 4.42% at $227.55 on Friday, May 22, 2026, after fiscal 2027 net bookings guidance of $8.0 billion to $8.2 billion landed well below the ...
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The videogame maker said it expects fiscal 2027 net bookings to be between $8 billion to $8.2 billion, below Wall Street estimates of $9.13 billion.
Take-Two Interactive Software Inc (TTWO) surpasses guidance with strong financial performance and anticipates a breakout year driven by Grand Theft Auto VI.
Strauss Zelnick, Take-2's Chairman and Chief Executive Officer; Karl Slatoff, our President; and Lainie Goldstein, our Chief Financial Officer. Fiscal 27 is poised to be a breakout year for Take-2, led by the November 19 release of Grand Theft Auto VI arguably the most anticipated entertainment property of all time, and we are excited that Rockstar Games will start their marketing campaign this summer.
Take-Two Interactive Software (NASDAQ:TTWO) reported a stronger-than-expected finish to fiscal 2026 and issued an initial fiscal 2027 outlook calling for record net bookings, driven by the planned Nov. 19 release of Grand Theft Auto VI. Chairman and Chief Executive Officer Strauss Zelnick said the