Take-Two Interactive Software, Inc. is a leading game publisher that develops and distributes popular video games through labels like Rockstar Games and 2K. The company creates high-quality games for platforms such as PlayStation, Xbox, and PC, with notable titles including "Grand Theft Auto" and "NBA 2K." Take-Two stands out from competitors by offering a diverse range of gaming experiences and focusing on both console and mobile gaming, especially after merging with Zynga. Their goal is to continue delivering engaging games while maintaining a positive workplace environment and strong corporate governance.

Public Investment Fund (PIF)

DNB Asset Management

Consumer Software

Gaming

Take Two

Stifel Financial Corp buys 6,858 shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO).

Stifel Financial Corp Buys 6,858 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

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

Take-Two Hits Targets For September Quarter With $1.47B In Net Bookings

Take-Two's zynga told to pay 45 mln to settle patent infringement case with IBM.

Take-Two's Zynga told to pay 45 mln to settle patent infringement case with IBM

GamesBeat is excited to partner with Lil Snack to have customized games just for our audience! We know as gamers ourselves, this is an exciting way to engage through play with the GamesBeat content you have already come to love. Start playing games here. Take-Two Interactive Software reported that its bookings in the June quarter were $1.22 billion, or flat compared to $1.20 billion a year ago. In after-hours trading, Take-Two stock is down 1.2% to $137 a share.The New York company said the bookings were in line with expectations and it remains highly confident in its path forward. We would note that path includes Grand Theft Auto VI, which is still on schedule to ship in the fall of 2025.Take-Two said it achieved solid first quarter results by engaging players with exciting new game releases and content updates, while maintaining a focus on efficiency. The company has completed about 600 layoffs and cost reductions aimed at ensuring that efficiency

Take-Two Reports Flat Bookings Of $1.2B For June Quarter

NEW YORK–(BUSINESS WIRE)–Take-Two Interactive Software, Inc. (NASDAQ: TTWO) today announced an underwritten public secondary offering of 2,830,084 shares of its... Read More

Take-Two Interactive Software Announces Secondary Offering of Common Stock by Embracer Group AB

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) (the “Company”) announced today that it has agreed to sell in an underwritten public offering $600

Take-Two Interactive Software, Inc. Announces Pricing of $600 Million Senior Notes Offering

Corient Private Wealth LLC acquires 428 shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO).

Corient Private Wealth LLC Acquires 428 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Take-Two's latest quarterly net revenue decreased by 3% year-over-year to $1.40 billion while their net loss increased to $2.9 billion compared to a $610 million loss in the same quarter last year.But it's good news for mobile as it plays an increasing part of the company's cash generating mix.These figures come from the company's Q4 2024 financials which show that the Grand Theft Auto and Zynga owner's yearly net revenue remained flat year-over-year at $5.35 billion, while the net loss increased to $3.74 billion compared to a $1.12 million loss in the last fiscal year. However, total net bookings saw a slight increase of 1% year-over-year to $5.33 billion and total net bookings decreased by 3% year-over-year to $1.35 billion.But GTA 6 is coming… Soon… Ish…Although Rockstar had already confirmed that Grand Theft Auto 6 will launch in 2025, the latest financials go one further, locking in the highly anticipated open-world game to a release in "the fall of 2025".Take-Two chairman and CEO Strauss Zelnick says, “We are highly confident that Rockstar Games will deliver an unparalleled entertainment experience, and our expectations for the commercial impact of the title continue to increase."The company also noted Grand Theft Auto 5's remarkable 200 million units sold globally and high engagement in GTA Online. Red Dead Redemption 2 sold nearly 64 million units while NBA 2K24 sold 9 million copies, down from NBA 2K23's 11 million at the same point in its lifecycle.Those numbers in depthLooking across net revenue figures by platform, very little has changed between the new report's three months ending March 31st 2024 and the same period in 2023.For 2024 mobile accounted for 51% of total revenue at $715.1 million in this period, compared to being 50% of the total at $717.7 million for the same period in previous year. So while mobile as a percentage of total is ever so slighty up, the actual amount earned is slightly down.Meanwhile console and PC accounted for 41% and 8% of totals in 2024 compared to being 40% and 10% of the totals in the same period in 2023.When it comes to bookings however mobile is up in all aspects. 2024's period sees mobile attracting 53% of the total delivering $708.3 compared to being 50% of the total in the same period last year with $706.2 million.On PC and console similar slight shifts are in effect. Console constituted 39% of total bookings delivering $527.4 million and PC 8% of earnings at $113.1 million in the period for 2024

Take-Two'S Mobile Bookings Make 53% Of Their Total And Gta 6'S Release Date Gets Locked In

Join gaming leaders live this May 20-21 in Los Angeles to examine the strategies needed to adapt and excel in an ever evolving landscape, featuring insights from leading voices and thought leaders in the industry. Register here. Take-Two Interactive Software reported results for its fourth fiscal quarter ended March 31, with bookings hitting $1.35 billion, down 3% from a year ago. Take-Two also said its Rockstar Games label expects to ship Grand Theft Auto VI in the fall of 2025.For the quarter, Take-Two highlighted outperformance of NBA 2K24 versus expectations, as well as strong results from Zynga’s in-app purchase revenues led by Toon Blast and Match Factory. And both the Red Dead Redemption and Grand Theft Auto series continued to generate revenue. GTA V, launched 11 years ago, has now generated more than 200 million copies sold.“We concluded Fiscal 2024 with strong fourth quarter results, including net bookings of $1.35 billion, which exceeded the high-end of our guidance range,” said Strauss Zelnick, chairman and CEO of Take-Two, in a statement

Take-Two Reports Fyq4 Bookings Of $1.35B As Gta Vi Gets Fall 2025 Launch Window

NEW YORK--(BUSINESS WIRE)--Take-Two Interactive Software, Inc. (NASDAQ:TTWO) today reported results for the fourth quarter and fiscal year 2024, ended March 31, 2024. For further information, please see the fourth quarter and fiscal 2024 results slide deck posted to the Company’s investor relations website at take2games.com/ir. Management Comments. "We concluded Fiscal 2024 with strong fourth quarter results, including Net Bookings of $1.35 billion, which exceeded the high-end of our guidance range. Many of our key franchises outperformed, including NBA 2K24; Zynga’s in-app purchases, led by Toon Blast and our newest hit, Match Factory!; the Red Dead Redemption series and the Grand Theft Auto series," said Strauss Zelnick, Chairman and CEO of Take-Two

Take Two

Video game publisher and developer

Take Two

Video game publisher and developer

About

Simplify's Take

What believers are saying

What critics are saying

What makes Take Two unique

Benefits

Recently Posted Jobs

Take Two is Hiring for 0 Jobs on Simplify!