Take-Two Q1 results include net bookings ahead of guidance, a slight increase in revenue, and cancellation of unannounced game
Take-Two Interactive reported Q1 results exceeding guidance, driven by strong performance from NBA 2K6 and Grand Theft Auto V, alongside its Zynga mobile portfolio. The company maintained its full-year net bookings projection of $8-8.2 billion. Revenue impairment was noted due to the cancellation of an unannounced title, contributing to a significant year-over-year increase in net loss.
Games Industry
- Entities
- Financial Results
- Red Dead
- Strauss Zelnick
- Grand Theft Auto VI
- Take-Two Interactive
- Zynga Games
- Grand Theft Auto 5
- NBA 2K6
- Rockstar Games
Original source
This article was reported and published by Games Industry. feed.gg links to it as part of a story cluster — full text, images and rights remain with the publisher.