Take-Two Interactive Software - TTWO STOCK NEWS

Take-Two Interactive reported fiscal Q3 2025 results with Net Bookings of $1.37 billion, within guidance range, driven by NBA 2K's strong performance offsetting mobile franchise moderation. The company maintained its fiscal 2025 Net Bookings guidance of $5.55 to $5.65 billion.

Key financial highlights include a 3% growth in Total Net Bookings compared to last year, with recurrent consumer spending up 9%, representing 79% of total Net Bookings. However, the company reported a GAAP net loss of $125.2 million, or $0.71 per share.

Looking ahead, Take-Two plans major game launches in 2024, including Sid Meier's Civilization VII (February), Mafia: The Old Country (Summer), Grand Theft Auto VI (Fall), and Borderlands 4. The company expects record Net Bookings levels in Fiscal 2026 and 2027.

Zynga, a Take-Two Interactive (NASDAQ: TTWO) subsidiary, announced the launch of 'The Dragon Egg Hunt' sweepstakes for its Game of Thrones: Legends mobile game. The initiative marks gaming's first use of Google Maps Platform's Photorealistic 3D tiles, allowing players worldwide to participate in a virtual treasure hunt for dragon eggs across various global locations.

Players can join the hunt through a custom Google Maps experience at jointhedragonegghunt.com until February 24, 2025. The experience features an immersive map interface inspired by the Game of Thrones series' opening credits, where participants follow clues to discover hidden dragon eggs and unlock collective milestone rewards.

To participate, users must enter the sweepstakes, engage with social media posts, follow the game's social channels, and download Game of Thrones: Legends on iOS or Android. Winners will be randomly selected and must provide evidence of participation in both the map experience and the game.

Take-Two Interactive (TTWO) has announced WWE® 2K25, the latest installment of its WWE video game franchise, launching in March 2025 for multiple platforms. The game introduces significant new features including The Bloodline Edition, celebrating Roman Reigns and the Anoa'i wrestling family, and The Deadman Edition honoring The Undertaker's 35th anniversary.

The game will feature the largest-ever roster of over 300 playable characters and introduces new gameplay elements including intergender matches, Chain Wrestling, and a new experience called 'The Island' for PS5 and Xbox Series X|S. Three editions will be available: Standard Edition ($69.99), Deadman Edition ($99.99), and The Bloodline Edition ($129.99), with the latter two launching seven days earlier on March 7, 2025.

2K and HB Studios have announced PGA TOUR® 2K25, launching worldwide on February 28, 2025. The game features Tiger Woods, Matt Fitzpatrick, and Max Homa as cover athletes, with Woods appearing on all editions. The title introduces major tournaments including PGA Championship, U.S. Open, and The Open for the first time in the franchise.

The game will include 29 licensed courses at launch, with new features such as EvoSwing mechanics, enhanced MyCAREER mode, and a roster of 11 male and female pros. Players who pre-order the Deluxe or Legend Edition get seven days early access starting February 21, 2025.

Key improvements include new shot types, ball physics, cross-platform Societies for multiplayer, and an expanded Course Designer. The game will be available for Xbox Series X|S, PlayStation®5, and Steam, offering various editions with different content bundles and pre-order bonuses.

Take-Two Interactive Software (NASDAQ: TTWO) has announced it will report its third quarter fiscal year 2025 financial results on Thursday, February 6, 2025, after market close. The company will host a conference call at 4:30 p.m. Eastern Time to discuss the results for the quarter ended December 31, 2024.

Investors and interested parties can access the conference call by dialing 800-715-9871 or (646) 307-1963 with conference ID 1162777. A live webcast and replay will be available on the company's investor relations website. Take-Two is a leading developer, publisher, and marketer of interactive entertainment, operating through its Rockstar Games, 2K, and Zynga divisions.

LoopMe, an AI-driven brand advertising technology company, has acquired Chartboost from Zynga, a Take-Two Interactive Software subsidiary. The acquisition follows LoopMe's impressive 40% CAGR on Gross Revenue during FY2018-2023. Chartboost, a mobile programmatic advertising and monetization platform, connects app developers with marketers through immersive ad experiences.

This strategic move expands LoopMe's mobile app ecosystem presence, grows its SDK network, and strengthens its AI technology platform. The integration aims to enhance ad performance and app monetization capabilities, including across Zynga's mobile gaming portfolio. While financial terms weren't disclosed, the merger promises to provide LoopMe's brand clients with improved results and Chartboost's publishers with access to new brand advertisers and innovative ad formats.

Words With Friends, the popular mobile word game owned by Take-Two Interactive (NASDAQ: TTWO), has launched four new single-player game modes. The update transforms the traditionally competitive game into a comprehensive word puzzle destination. The new modes include Mini Crosswords, Word Wheel, Word Search, and Guess Word, each offering daily puzzles that players can solve at their own pace. This expansion allows players to enjoy word games both solo and competitively, addressing user requests for more gameplay options.

Take-Two Interactive Software reported fiscal Q2 2025 results, ending September 30, 2024, with Net Bookings of $1.47 billion, driven by Grand Theft Auto and Borderlands franchises. GAAP net revenue increased 4% to $1.35 billion, while recurrent consumer spending grew 8%, accounting for 80% of total GAAP net revenue. Despite these gains, the company posted a GAAP net loss of $365.5 million, or $2.08 per share, down from $543.6 million, or $3.20 per share, the previous year.

Take-Two reiterated its fiscal year 2025 Net Bookings guidance of $5.55 to $5.65 billion and expressed confidence in achieving record levels in fiscal years 2026 and 2027. Upcoming titles include Grand Theft Auto VI, Borderlands 4, and Mafia: The Old Country. For FY 2025, the company projects total net revenue between $5.57 to $5.67 billion and a net loss per share of $4.80 to $4.43.

Zynga Poker, a Take-Two Interactive (NASDAQ: TTWO) game, has launched Multi-Table Tournaments globally, allowing players to compete in real-time across multiple tables. The new feature offers weekly 'Trillionaire Maker' tournaments with trillion-chip prize pools, the largest in the game's 17-year history. To promote the launch, Zynga partnered with actor Rob Riggle for a promotional campaign. The update includes daily tournaments, flexible buy-ins, and global competition options, responding to long-standing player requests for this tournament format.