Take-Two Interactive Software, Inc. (NASDAQ:TTWO) stock is up 7.2% premarket to trade at $147.49, brushing off a revenue miss after the video game maker reported better-than-expected fiscal first-quarter profits.
Rockstar Games, the company behind the renowned video game franchise–Grand Theft Auto (GTA), is set to release GTA 6 in Fall 2025, a date unchanged from the previous announcement.
Rockstar Games, the company behind the renowned video game franchise–Grand Theft Auto (GTA), is set to release GTA 6 in Fall 2025, a date unchanged from the previous announcement.
Take-Two Interactive Software, Inc. (NASDAQ:TTWO ) Q1 2025 Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Strauss Zelnick - Chairman, Chief Executive Officer Karl Slatoff - President Lainie Goldstein - Chief Financial Officer Nicole Shevins - Senior Vice President of Investor Relations, Corporate Communications Conference Call Participants Doug Creutz - TD Cowen Colin Sebastian - Baird Andrew Marok - Raymond James Drew Crum - Stifel Benjamin Soff - Deutsche Bank Martin Yang - Oppenheimer & Co. Mike Hickey - The Benchmark Company Omar Dessouky - Bank of America Clay Griffin - Moffat Nathanson Chris Schoell - UBS Ed Alter - Jefferies Operator Greetings! And welcome to the Take-Two Interactive First Quarter Fiscal Year 2025 Earnings Call.
The headline numbers for Take-Two (TTWO) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Take-Two Interactive (TTWO) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.36 per share a year ago.
Take-Two Interactive Software Inc (NASDAQ:TTWO) shares moved higher after Thursday's closing bell as the video game maker's fiscal first quarter earnings impressed. The Grand Theft Auto-maker reported adjusted earnings per share of $0.05, $0.04 ahead of the $0.01 expected.
Take-Two Interactive Software beat analyst estimates for earnings in its fiscal Q1, though adjusted sales were lighter than expected.
Take-Two Interactive Software reported that its bookings in the June quarter were $1.22 billion, or flat compared to $1.20 billion a year ago.
Videogame publisher Take-Two Interactive Software forecast second-quarter bookings below Wall Street expectations on Thursday, hit by sluggish spending on its popular titles such as "Grand Theft Auto" and "NBA 2K" in an uncertain economy.
Take-Two's (TTWO) fiscal first-quarter performance is expected to have been adversely impacted by dullness in recurring consumer spending despite the company's robust portfolio of video game titles.
Rockstar Games owner Take-Two Interactive Software Inc (NASDAQ:TTWO) will update this week, leaving analysts in suspense over news on the latest installation to the Grand Theft Auto series. Though unlikely, Wedbush analysts said any update on GTA VI was to be a key takeaway from the first quarter update, due after hours on Thursday, August 8.