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.
Take-Two Interactive Software (TTWO) drives innovation in interactive entertainment through iconic franchises like Grand Theft Auto and NBA 2K. This page aggregates official news and press releases for investors and industry observers seeking authoritative updates on the video game publisher's strategic moves.
Access real-time updates on earnings reports, game launches, corporate partnerships, and leadership developments. Our curated feed ensures you never miss critical announcements from Take-Two's labels, including Rockstar Games, 2K, and mobile leader Zynga.
Key coverage areas: quarterly financial results, new title releases, acquisition activity, and technology initiatives shaping the future of gaming. Bookmark this page for streamlined access to Take-Two's evolving narrative across console, PC, and mobile platforms.
Take-Two Interactive Software (NASDAQ: TTWO) will report its fiscal Q1 2022 financial results on August 2, 2021, after market close. A conference call is scheduled for 4:30 p.m. ET, accessible via phone or online. This update marks a crucial moment for investors, as it will reveal key metrics and performance indicators following the quarter ended June 30, 2021.
Take-Two Interactive Software (NASDAQ:TTWO) has acquired Dynamixyz, a leader in video-based facial animation technology, founded in 2010 in France. This acquisition aims to enhance Take-Two's development capabilities, leveraging Dynamixyz's innovative motion capture and analysis tools. The company has a notable history of collaboration with Take-Two’s labels, including Rockstar Games and 2K on major projects such as Red Dead Redemption 2 and NBA 2K21. Financial details were not disclosed, but the move is expected to drive creative and operational synergies.
Kerbal Space Program Enhanced Edition is set to launch on PlayStation 5 and Xbox Series X|S this fall, featuring enhanced graphics and performance. Existing owners of the game on older consoles will receive a complimentary upgrade. It will run at Quad HD 1440p with improved framerate, while Xbox Series S will operate at 1080p. The game retails at $39.99 and celebrates the franchise's 10th anniversary. This release is a precursor to the anticipated Kerbal Space Program 2, scheduled for release in Take-Two's fiscal year 2023.
Private Division and Supergiant Games have partnered to launch a physical edition of Hades on PlayStation 4, PlayStation 5, Xbox One, and Xbox Series X on August 13, 2021. This acclaimed rogue-like dungeon crawler has won over 50 Game of the Year awards, with a Metacritic score of 93 and OpenCritic score of 94. The retail edition will include exclusive bonus content such as a digital soundtrack and a compendium booklet. Enhanced performance is promised on newer consoles, with 4K resolution at 60fps on PS5 and Xbox Series X.
2K and Gearbox Entertainment announced the upcoming release of Tiny Tina’s Wonderlands, a standalone fantasy adventure game launching in early 2022 across multiple platforms including Xbox, PlayStation, and PC. The game features customizable multiclass heroes engaging in cooperative gameplay against whimsical foes, driven by the unpredictable character Tiny Tina. The title promises rich storytelling and end-game content, aiming to capture both returning fans and new players. Notably, the game reflects over a decade of development at Gearbox.
Take-Two Interactive Software (NASDAQ:TTWO) announced the acquisition of Nordeus for up to $378 million. The upfront payment includes $225 million in cash and $90 million in newly issued Take-Two shares. The deal aims to strengthen Take-Two's mobile gaming segment following previous acquisitions of Social Point and Playdots. Nordeus is renowned for its game Top Eleven, boasting over 240 million registered users. The Nordeus team will continue its operations post-acquisition, with potential earn-out provisions based on performance.
Take-Two Interactive Software (NASDAQ: TTWO) announces that Strauss Zelnick, Chairman and CEO, will present at the Exane BNP Paribas 23rd European CEO Conference on June 7, 2021, at 8:00 a.m. ET. A live webcast link will be available on the Company’s website, with a replay archived afterward. Take-Two Interactive, based in New York City, is a prominent developer and publisher of interactive entertainment, known for titles from Rockstar Games and 2K. For more information, visit www.take2games.com.
Take-Two Interactive Software reported strong fourth quarter and fiscal year 2021 results, with GAAP net revenue rising 10% to $839.4 million. Recurrent consumer spending surged 38%, contributing 67% to total revenue. Digitally-delivered revenue grew 19% to $753.3 million, accounting for 90% of total revenue. GAAP net income increased 78% to $218.8 million, or $1.88 per diluted share. The impressive performance was driven by major titles like NBA 2K21, Grand Theft Auto Online, and Red Dead Redemption 2.
Take-Two Interactive (NASDAQ: TTWO) collaborates with USC Games to create The Gerald A. Lawson Endowment Fund, aimed at enhancing Black and Indigenous representation in the gaming and tech industries. The Fund will support undergraduate and graduate students in game design and computer science at USC. Take-Two is the inaugural industry partner, contributing significantly to the Fund, which also seeks additional support from other companies. The initiative will be highlighted at the upcoming USC Games Expo on May 15, 2021.
