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Take-Two Interactive Software Inc - TTWO STOCK NEWS

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 Inc. (TTWO), headquartered in New York City, is a leading developer, marketer, and publisher of interactive entertainment for consumers globally. Founded in 1993, the company operates through its three wholly-owned labels: Rockstar Games, 2K, and Zynga.

Take-Two is renowned for its high-quality gaming franchises. Rockstar Games is best known for the Grand Theft Auto series, which has achieved unprecedented sales milestones, including reaching $1 billion in sales faster than any other entertainment release in history. 2K produces popular titles such as NBA 2K, Civilization, Borderlands, Bioshock, and XCOM. Zynga, a leader in the mobile gaming sector, offers widely-played titles like Farmville, Empires & Puzzles, and CSR Racing.

The company's innovative products are available across console systems, handheld gaming systems, and personal computers, including smartphones and tablets. These products are delivered through various channels including physical retail, digital downloads, online platforms, and cloud streaming services.

Take-Two's financial performance has been robust, characterized by record-breaking revenue, earnings, and cash flow. The company has set new standards within the entertainment industry, particularly during fiscal 2014, when digitally-delivered revenue reached its highest levels. Notable achievements include the success of Grand Theft Auto V, NBA 2K14, and Borderlands 2.

Take-Two continues to expand its portfolio and enhance its global footprint through strategic partnerships and acquisitions. The firm’s commitment to delivering immersive and innovative entertainment experiences keeps it at the forefront of the interactive entertainment industry.

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Roll7 and Private Division announced the release of Rollerdrome, a thrilling third-person shooter-skater game available on Xbox Series X|S and Windows PC. The game is set in 2030, where players face intense arena combat and combine eliminations with stylish tricks to earn the favor of the crowd. Rollerdrome is developed by Roll7, a BAFTA and multi-award-winning London-based studio, and is available for digital download for $29.99 on Xbox Series X|S and Windows PC. It is also available on PlayStation®5, PlayStation®4, and PC via Steam. The game is rated M for Mature by the ESRB.
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Take-Two Interactive Software, Inc. (NASDAQ:TTWO) reported strong second quarter results, with Net Bookings of $1.44 billion, outperforming Grand Theft Auto V and Grand Theft Auto Online, and Red Dead Redemption 2. The company updated its GAAP outlook for fiscal 2024 and reiterated its Net Bookings outlook for fiscal 2024 of $5.45 to $5.55 billion.
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Take-Two Interactive Software plans to report Q2 fiscal year 2024 financial results on November 8, 2023.
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Zynga's studio, Socialpoint, launched a new mobile game called Top Troops, blending mobile strategy, RPG, and merge mechanics. The game allows players to merge and battle their way to victory with endless combinations of strategies. Top Troops is Socialpoint's first worldwide launch under the Zynga label following their combination with Take-Two Interactive. The game is available for iOS and Android as a free download.
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Take-Two Interactive Software, Inc. (NASDAQ: TTWO) will host its 2023 Annual Meeting of Stockholders as a virtual, audio-only meeting on September 21, 2023. Stockholders at the close of business on July 25, 2023, are entitled to attend and participate in the meeting. The Company urges stockholders to vote and submit proxies prior to the meeting.
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2K announces release of NBA 2K24 with new features and gameplay innovations
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Rockstar Games announces that Red Dead Redemption and its companion Undead Nightmare are now available for the first time on the Nintendo Switch and PlayStation 4, with backwards compatibility for the PlayStation 5. The games are available digitally for $49.99 and physical releases are coming soon. They feature bonus content from the Game of the Year Edition and support new language options.
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Take-Two Interactive Software, Inc. (NASDAQ:TTWO) reported a strong start to fiscal year 2024, with a net bookings of $1.20 billion, driven by iconic titles like Grand Theft Auto Online and Grand Theft Auto V, and NBA 2K23. The company updated its GAAP outlook for fiscal 2024 and reiterates its net bookings outlook for the year. The first quarter fiscal 2024 financial highlights include a 20% growth in total net bookings, with recurrent consumer spending accounting for 84% of total net bookings. However, the company reported a GAAP net loss of $206.0 million.
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FAQ

What is the current stock price of Take-Two Interactive Software (TTWO)?

The current stock price of Take-Two Interactive Software (TTWO) is $188.15 as of November 22, 2024.

What is the market cap of Take-Two Interactive Software (TTWO)?

The market cap of Take-Two Interactive Software (TTWO) is approximately 32.7B.

What is Take-Two Interactive Software Inc.?

Take-Two Interactive Software Inc. (TTWO) is a leading developer, marketer, and publisher of interactive entertainment for global consumers, headquartered in New York City.

What are Take-Two's main product labels?

Take-Two's main product labels are Rockstar Games, 2K, and Zynga.

Which popular video game franchises does Take-Two publish?

Take-Two publishes popular franchises such as Grand Theft Auto, NBA 2K, Civilization, Borderlands, Bioshock, and XCOM.

What platforms are Take-Two's games available on?

Take-Two's games are available on console systems, handheld gaming systems, personal computers, smartphones, and tablets.

How are Take-Two's products delivered to consumers?

Take-Two's products are delivered through physical retail, digital downloads, online platforms, and cloud streaming services.

What notable achievements has Take-Two accomplished?

Notable achievements include Grand Theft Auto V reaching $1 billion in sales faster than any other entertainment release in history, and NBA 2K14 enjoying the franchise’s strongest launch.

How has Take-Two performed financially in recent years?

Take-Two has achieved record-breaking revenue, earnings, and cash flow, particularly during fiscal 2014, driven by strong sales and high digitally-delivered revenue.

What mobile games does Zynga, a label of Take-Two, offer?

Zynga offers popular mobile games such as Farmville, Empires & Puzzles, and CSR Racing.

When was Take-Two Interactive founded?

Take-Two Interactive was founded in 1993.

What is the significance of Take-Two in the entertainment industry?

Take-Two is one of the world's largest independent video game publishers, known for delivering immersive and innovative entertainment experiences that set industry standards.

Take-Two Interactive Software Inc

Nasdaq:TTWO

TTWO Rankings

TTWO Stock Data

32.65B
173.09M
1.44%
99.62%
4.12%
Electronic Gaming & Multimedia
Services-prepackaged Software
Link
United States of America
NEW YORK