Take-Two Interactive Software(TTWO)

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Penny's Big Breakaway is Out Now
Businesswire· 2024-02-21 14:00
Private Division, a publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO), and Evening Star announced today that Penny’s Big Breakaway is out now for the Nintendo Switch™ family of systems, PlayStation 5, Xbox Series X|S, and PC via Steam. From the team that brought you Sonic Mania comes this imaginative new kinetic 3D platformer bursting with innovative gameplay. Playing as Penny, the ‘yo-tagonist’, you swing, dash, flip, zip, and trick your way through a variety of challenging and beautif ...
Take-Two Interactive CEO Strauss Zelnick Says the Company Is Erring "On the Side of Perfection" Ahead of "Grand Theft Auto 6" Release. But Is the Stock a Buy?
The Motley Fool· 2024-02-13 19:46
In Take-Two Interactive's (TTWO -1.62%) recent quarterly conference call, CEO Strauss Zelnick commented on the company's approach to its most important upcoming game -- Grand Theft Auto VI (GTA VI). Here's what the executive had to say about the video game:We're seeking perfection, and when we feel we've optimized creatively, that's the time to release. There is inherent tension, potentially, between getting something to market and creating perfection. But this company errs on the side of perfection.The fir ...
Take-Two Interactive Stock Tumbles on Lowered Forecast, Game Delay
Investopedia· 2024-02-09 21:15
Key TakeawaysTake-Two Interactive Software Inc., the mobile game developer behind "Grand Theft Auto" and "Toon Blast," lowered its guidance for fiscal 2024 after its fiscal third-quarter earnings report.Although Take-Two Interactive slipped in net bookings in the latest quarter and delayed the release of an unspecified game, analysts remain optimistic about its content pipeline.Mobile gaming division Zynga continues to find success as it gears up to release games based on "Star Wars" and "Game of Thrones."T ...
Take-Two (TTWO) Q3 Loss Narrows Y/Y, Revenues Decline
Zacks Investment Research· 2024-02-09 16:21
Take-Two Interactive Software (TTWO) reported a third-quarter fiscal 2024 GAAP net loss of 54 cents per share, narrower than a loss of 91 cents in the year-ago quarter.The Zacks Consensus Estimate for earnings was pegged at 72 cents per share.GAAP net revenues decreased 3% year over year to $1.37 billion. Revenues from the United States declined 7.7% year over year to $818.3 million and accounted for 60% of GAAP net revenues. The rest came from international, revenues of which increased 5.2% year over year ...
Losses mount for Grand Theft Auto publisher Take-Two
Proactive Investors· 2024-02-09 08:39
Take-Two Interactive Software Inc (NASDAQ:TTWO), the publisher of global hit video games Grand Theft Auto, Red Dead Redemption and 2K Sports, posted a net loss of $841.2 million for the nine months ending 31 December 2023, representing a more than 60% bottom-line drop year on year. The company, whose portfolio includes hit mobile games FarmVille and Words With Friends, reported total net revenues of $3.95 billion across gaming sales and advertising for the period, slightly up by 1% year on year. “We are cur ...
Take-Two Interactive Software(TTWO) - 2024 Q3 - Earnings Call Presentation
2024-02-09 02:13
CAUTIONARY NOTE: FORWARD LOOKING STATEMENTS 2 THIRD QUARTER FISCAL 2024 RESULTS & GUIDANCE SUMMARY Q3 FY2024 RESULTS SUMMARY: GAAP | --- | --- | --- | |--------------------|---------------|---------------------------------| | | ACTUAL | GUIDANCE | | GAAP Net Revenue | $ 1 , 3 6 6 | $ 1 , 2 9 0 T O $ 1 , 3 4 0 | | Operating Expenses | $808 | $ 8 2 6 T O $ 8 3 6 | | GAAP Net Loss | $(92) | $(124) TO $(107) | | GAAP EPS | $ ( 0 . 5 4 ) | $ ( 0 . 7 3 ) T O $ ( 0 . 6 3 ) | 3 Q3 | --- | --- | --- | |------------- ...
Take-Two Interactive Software(TTWO) - 2024 Q3 - Earnings Call Transcript
2024-02-09 02:13
Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Q3 2024 Earnings Conference Call February 8, 2024 4:30 PM ET Company Participants Nicole Shevins - Senior Vice President, Investor Relations and Corporate Communications Strauss Zelnick - Chairman and Chief Executive Officer Karl Slatoff - President Lainie Goldstein - Chief Financial Officer Conference Call Participants Eric Handler - ROTH MKM David Karnovsky - JPMorgan Doug Creutz - TD Cowen Andrew Marok - Raymond James Benjamin Soff - Deutsche Bank Drew Cr ...
Compared to Estimates, Take-Two (TTWO) Q3 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-02-09 00:31
For the quarter ended December 2023, Take-Two Interactive (TTWO) reported revenue of $1.34 billion, down 3.2% over the same period last year. EPS came in at $0.71, compared to $0.93 in the year-ago quarter.The reported revenue represents a surprise of -0.01% over the Zacks Consensus Estimate of $1.34 billion. With the consensus EPS estimate being $0.72, the EPS surprise was -1.39%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...
Take-Two Interactive Software(TTWO) - 2024 Q3 - Quarterly Report
2024-02-08 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission file number 001-34003 TAKE-TWO INTERACTIVE SOFTWARE, INC. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jur ...
Take-Two (TTWO) to Report Q3 Earnings: What's in Store?
Zacks Investment Research· 2024-02-06 12:31
Take-Two Interactive (TTWO) is set to report third-quarter fiscal 2024 results on Feb 8.For the third quarter of fiscal 2024, Take-Two expects GAAP net revenues between $1.29 billion and $1.34 billion. The company expects a loss per share between 73 cents and 63 cents.For the quarter, the Zacks Consensus Estimate for revenues is currently pegged at $1.34 billion, suggesting a decline of 3.23% from the figure reported in the year-ago quarter.The consensus mark for fiscal third-quarter earnings has dropped 1. ...