Welcome to our dedicated page for Take-Two Interactive Software news (Ticker: $TTWO), a resource for investors and traders seeking the latest updates and insights on Take-Two Interactive Software stock.
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Take-Two Interactive Software (NASDAQ: TTWO) reported Q4 and fiscal year 2024 results, with Q4 net bookings of $1.35 billion, driven by NBA 2K24, Zynga's in-app purchases, and popular series like Red Dead Redemption and Grand Theft Auto. Fiscal year 2024 net bookings reached $5.33 billion. However, GAAP net revenue decreased by 3% to $1.40 billion in Q4, and the company recorded a net loss of $2.90 billion due to significant impairment charges and business reorganization expenses. For fiscal year 2025, Take-Two projects net bookings of $5.55 to $5.65 billion and anticipates a substantial commercial impact from the release of Grand Theft Auto VI in Fall 2025.
