Tag: take-two
Take-Two Boss Supportive of Microsoft-Activision Deal: ‘What’s Good for Them Is Good for the Industry’
Take-Two Cancels Several Unannounced Games, Quietly Delays Others
GTA 6 Might Release As Soon As 2024, Take-Two Suggests
Grand Theft Auto publisher Take-Two Interactive may have just revealed the release window for the next entry in the series, Grand Theft Auto 6. Based on statements made during Take-Two’s annual earnings call, it seems likely that the highly-anticipated title could launch as early as next year.
In the company’s annual earnings report, Take-Two shared a staggeringly high $8 billion net bookings goal for fiscal year 2025, which kicks off next April. To put that number into perspective, the company reported a record-breaking net bookings of $5.3 billion this past year. In years prior, Take-Two’s net bookings has hovered around $3 billion. The company elaborated on these projections during the call, stating:
“Looking ahead, fiscal 2025 is a highly anticipated year for our company. For the last several years, we have been preparing our business to release an incredibly robust pipeline of projects that we believe will take our company to even greater levels of success. In fiscal 2025, we expect to enter this new era by launching several groundbreaking titles that we believe will set new standards in our industry and enable us to achieve over $8 billion in net bookings and over $1 billion in adjusted unrestricted operating cash flow. We expect to sustain this momentum by delivering even higher levels of operating results in Fiscal 2026 and beyond.”
Earnings: Highlights of Take-Two Interactive’s (TTWO) Q4 2023 results
Take-Two Interactive Software, Inc. (NASDAQ: TTWO) on Wednesday said its fourth-quarter 2023 revenues increased sharply, aided by strong booking growth. March-quarter revenues rose 56% annually to $1.45 billion from $930 […]
The post Earnings: Highlights of Take-Two Interactive’s (TTWO) Q4 2023 results first appeared on AlphaStreet.
What to expect when Take-Two Interactive Software (TTWO) reports Q4 earnings next week
Shares of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) were down slightly on Friday. The stock has gained 19% year-to-date. The gaming company is scheduled to report its fourth quarter 2023 […]
The post What to expect when Take-Two Interactive Software (TTWO) reports Q4 earnings next week first appeared on AlphaStreet.
Take-Two dismisses lawsuit against Grand Theft Auto modders
Take-Two confirm layoffs affecting Private Division, despite “exponential growth in recent years”
Grand Theft Auto publisher Take-Two have confirmed layoffs at the company, primarily affecting their corporate and publishing efforts. The news originally spilled yesterday via a Tweet from Bloomberg’s Jason Schreier, who claimed the cuts would impact Private Division – the publishing label behind The Outer Worlds and Kerbal Space Program 2 – and other unnamed divisions. Take-Two later confirmed the news in a statement to PC Gamer, saying the layoffs would affect “corporate operations and label publishing.” Take-Two haven’t clarified the number of employees that have been laid off, but the cuts to development teams would be “minimal.”