Sony Group Corporation (SONY) is scheduled to report fourth-quarter fiscal 2024 earnings on May 14.The Zacks Consensus Estimate for earnings is pegged at 12 cents per share, indicating a decline of 42.9% from the year-ago reported figure. The consensus estimate for revenues is $20.4 billion, implying a fall of 13% from the prior-year actuals.The company’s earnings surpassed the Zacks Consensus Estimate in each of the last four quarters, with the average surprise being 28.4%. In the past year, the stock has ...

Group 1 - The upcoming report from Take-Two Interactive (TTWO) is expected to show quarterly earnings of $1.08 per share, a 248.4% increase year over year [1] - Analysts forecast revenues of $1.55 billion, representing a 14.7% year-over-year increase [1] - The consensus EPS estimate for the quarter has remained unchanged over the past 30 days, indicating a reassessment by covering analysts [1] Group 2 - Analysts predict 'Total net bookings' will reach $1.54 billion, up from $1.35 billion in the same quarter last year [4] - 'Net bookings by platform - Mobile' are expected to be $703.35 million, slightly down from $708.30 million year over year [4] - 'Net bookings by distribution channel - Digital online' is projected to reach $1.43 billion, compared to $1.29 billion in the same quarter last year [4] Group 3 - 'Net bookings by distribution channel - Physical retail and other' is estimated to be $86.89 million, up from $57.20 million year over year [5] - Over the past month, shares of Take-Two have returned +6.8%, outperforming the Zacks S&P 500 composite's +3.8% change [5] - Currently, TTWO holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [5]

Q1 2025 Results May 9, 2025 This presentation provides select highlights about Motorsport Games Inc.'s results of operations. Please see Motorsport Games' Q1 2025 Form 10-Q, filed with the SEC and Q1 2025 earnings release for more complete information on the Company's results of operations, cash flows, financial condition and liquidity. motorsportgames 1 Q1 2025 Highlights Financial Highlights Key Highlights *Adjusted EBITDA is a non-GAAP financial measure. See definition of Adjusted EBITDA and its reconcil ...

Financial Data and Key Metrics Changes - Revenues for Q1 2025 were $1,800,000, down by $1,300,000 or 41.9% compared to the same period in the prior year [13] - Net income for the quarter was $1,000,000, an improvement of $2,700,000 from a net loss of $1,700,000 in the prior year [14] - Adjusted EBITDA was $600,000 for Q1 2025, compared to an adjusted EBITDA loss of $1,000,000 in the same period last year, marking an improvement of $1,600,000 [15][16] - Cash and cash equivalents increased from $1,100,000 as of March 31, 2025, to $3,100,000 by April 30, 2025, primarily due to $2,350,000 in net proceeds from a private placement [16][17] Business Line Data and Key Metrics Changes - Net revenues from the Le Mans Ultimate racing title were $400,000 higher in Q1 2025 compared to the same prior year period, despite Q1 2024 being the release quarter for the game [6][14] - Total revenues decreased primarily due to a $1,500,000 decrease in NASCAR-related revenues, as the company is no longer authorized to sell this title starting in 2025 [13][14] Market Data and Key Metrics Changes - The company has seen an increase in confidence in the market, with shares trading more than 2.5 times higher than the period prior to the announcement of the $2,500,000 investment [5][6] Company Strategy and Development Direction - The company is focusing on building owned infrastructure around its gaming titles, particularly through the Race Control subscription platform [7][11] - Plans to move the Le Mans Ultimate game from early access to a full release version 1.0 are underway, which will unlock new sales and marketing tactics [9] - The company is exploring opportunities to bring Le Mans Ultimate to PlayStation and Xbox, with discussions ongoing with potential publishing collaborators [10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's improved state and the potential for growth following the recent investment [5][19] - The company is assessing new ways to expand the audience for Le Mans Ultimate and believes the racing game market is underserved in terms of quality and choice [11] Other Important Information - The company is exploring additional funding options, including equity and debt financing, to address liquidity shortfalls while continuing to develop its product portfolio [17] Q&A Session Summary - No specific questions or answers were documented in the provided content, indicating that the call may have concluded without a formal Q&A session.

Motorsport Games Reports First Quarter 2025 Financial Results Financial results for Q1 2025 for Motorsport Games (NASDAQ:MSGM) have been published. MIAMI, May 09, 2025 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “the Company”) today reported financial results for its first quarter ended March 31, 2025. The Company has also posted the first quarter 2025 earnings slides highlighting key milestones that occurred during and subsequent to the period, which are accessible ...

NEW YORK, May 09, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Take-Two Interactive Software, Inc. (“Take-Two” or the “Company”) (NASDAQ: TTWO).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Take-Two and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class act ...

Rumble (RUM) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants Shannon Devine - Investor RelationsChris Pavlovski - Founder, Chairman, & CEOBrandon Alexandroff - Chief Financial OfficerScott Devitt - Managing Director of Equity Research Conference Call Participants Francesco Marmo - Consumer Internet Analyst Operator Good afternoon, ladies and gentlemen, and welcome to Rumble Incorporated's First Quarter twenty twenty five Earnings Call. All participants are in a listen only mode. A questi ...

Rumble (RUM) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Good afternoon, ladies and gentlemen, and welcome to Rumble Incorporated's First Quarter twenty twenty five Earnings Call. All participants are in a listen only mode. A question and answer session will follow the formal presentation. Please note this event is being recorded. I would now like turn the conference over to Shannon Devine, Investor Relations for Rumble. Please go ahead. Speaker1 Thank you, operator. I'm here today with Chris Pa ...

LONGBOAT KEY, FL, May 08, 2025 (GLOBE NEWSWIRE) -- Today, the Tampa Bay Buccaneers announced a partnership with Rumble (NASDAQ: RUM), the video sharing platform and cloud services provider. The Buccaneers will use the Florida-headquartered company to provide the infrastructure for the storage of all the team’s video content in support of business and marketing strategy. “The continuing advance of technology has increased the quality and amount of content our organization produces, which results in a growin ...

Core Insights - Rumble Inc. reported a revenue increase of 34% year-over-year, reaching $23.7 million for Q1 2025, driven by higher subscription revenue and monetization efforts [1][4][5] - The company achieved improved monthly active user (MAU) retention of 87% post the 2024 U.S. general election, compared to 60% retention after the 2022 midterm elections [1][4] - Rumble's net loss for Q1 2025 was $2.7 million, a significant improvement from a loss of $43.3 million in Q1 2024 [1][4][5] Financial Performance - Revenue for Q1 2025 was $23.7 million, up from $17.7 million in Q1 2024, marking a $6.0 million increase [4][6] - Average Revenue Per User (ARPU) decreased by 13% to $0.34 compared to Q4 2024, attributed to lower advertising revenue [4][6] - Adjusted EBITDA loss improved to $22.7 million in Q1 2025 from a loss of $26.5 million in Q1 2024 [4][28] User Engagement - Average global MAUs were 59 million in Q1 2025, down from 68 million in Q4 2024, reflecting a decrease in user engagement [4][5] - The company noted that the decline in MAUs was offset by improved retention rates following the U.S. elections [4][5] Cost Structure - Total expenses for Q1 2025 were $60.1 million, an increase from $52.7 million in Q1 2024, with general and administrative expenses rising significantly by 78% [6][8] - Cost of services decreased by 6% to $30.0 million, primarily due to reduced programming and content costs [6][7] Strategic Developments - Rumble Cloud secured a contract with the Government of El Salvador, indicating a strategic move towards government partnerships [1][4] - The company announced a partnership with the Tampa Bay Buccaneers, expanding its presence in the sports sector [1][4][5] Balance Sheet and Liquidity - As of March 31, 2025, Rumble had total liquidity of $318.7 million, including $301.3 million in cash and cash equivalents [4][6] - The company completed a Tether investment, which has solidified its balance sheet [1][4][5]