Take-Two Interactive ( (TTWO) ) has released its Q2 earnings. Here is a breakdown of the information Take-Two Interactive presented to its investors.
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Take-Two Interactive Software, Inc. is a prominent developer, publisher, and marketer of interactive entertainment products, encompassing console, PC, and mobile gaming platforms, with renowned brands such as Rockstar Games, 2K, and Zynga driving its portfolio.
The company reported robust financial results for the fiscal second quarter of 2025, with net bookings reaching $1.47 billion, fueled by strong performances from its Grand Theft Auto and Borderlands franchises, and an improved management of marketing expenses.
Key financial highlights included a 2% growth in total net bookings and a 4% increase in GAAP net revenue year-over-year. Recurrent consumer spending saw a notable rise, contributing significantly to the revenue streams. Despite these gains, the company reported a GAAP net loss of $365.5 million, though this marked an improvement from the previous year’s loss.
Looking forward, Take-Two maintains a positive outlook for fiscal year 2025, with net bookings projected between $5.55 billion and $5.65 billion. The company anticipates record levels of net bookings in subsequent fiscal years, driven by an exciting lineup of releases, including Grand Theft Auto VI and other notable titles.
Overall, Take-Two Interactive remains well-positioned for long-term success, supported by its strong intellectual property portfolio and strategic initiatives aimed at enhancing shareholder value.
