Take-Two Interactive Software didn’t offer a specific update on the launch date of Grand Theft Auto VI (it’s still coming this fall), but it did report $1.37 billion net bookings for the third-fiscal quarter ended December 31.The net bookings number was up 3% from $1.34 billion a year earlier. Good results for NBA 2K helped offset a slowdown in mobile gaming results. In after-hours trading, Take-Two’s stock is up 6.51% at $195.49.GAAP net revenue was $1.36 billion, compared to $1.37 billion in last year’s fiscal third quarter. The GAAP net loss was $125.2 million, or 71 cents per share, as compared to $91.6 million, or 54 cents per share, for the comparable period last year. Analysts were expecting GAAP revenues of $1.39 billion and a loss per share of 90 cents.Net bookings are the company’s operational metric, and it’s defined as the net amount of products and services sold digitally or sold-in physically during the period. It includes licensing fees, merchandise, in-game advertising, strategy guides and publisher incentives

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Take-Two Interactive Software reported that its net bookings hit $1.47 billion in the fiscal second quarter ended September 30, up 2% from $1.44 billion a year ago.The bookings growth was driven by sales of the Grand Theft Auto and Borderlands franchises, and the company reiterated its out look for net bookings for the year ending March 31, 2025. On a non-GAAP basis, Take-Two said earnings before interest, taxes, depreciation and amortization (EBITDA, a key measure of profitability) was a loss of $75.5 million in the quarter.All eyes are on Take-Two, as Rockstar Games on schedule to publish Grand Theft Auto VI in the fall of next year, about 13 years after the debut of Grand Theft Auto V, which has now sold 205 million copies.“I am pleased to report that we delivered strong second quarter results,” said Strauss Zelnick, CEO of Take-Two, in a statement. “Our net bookings of $1.47 billion were at the top of our guidance range, driven by the continued success of the Grand Theft Auto and Borderlands franchises, and our operating resultssurpassed our plans, largely due to a shift in the timing of marketing expenses within the year.” Zelnick added, “Our execution has been consistent, and our teams continue to make great progress advancing our development pipeline. Accordingly, we are reiterating our fiscal year 2025 net bookings guidance range of $5.55 to $5.65 billion, and we are confident that we will achieve sequential increases and record levels of Net Bookings in fiscal years 2026 and 2027.”And he said, “As we look ahead, we believe that Take-Two remains exceedingly well-positioned for the long-term. Our vision is clear, our talent is unparalleled, and we have one of the strongest portfolios of owned intellectual property in our industry. With many exciting new titles coming in Fiscal 2026 – including Grand Theft Auto VI in the fall, Borderlands 4 and Mafia: The Old Country – we expect to create long-term value for our shareholders.”During the quarter, the company said it sold the Private Division label, which focuses on third-party original indie titles