Source link : https://tech365.info/take-two-studies-stable-earnings-and-explains-gta-vi-delay/
Take-Two Interactive Software program let the cat out of the bag because it postponed the launch of Grand Theft Auto VI (now approaching Could 26, 2026), and now we will see the influence of that on its outlook.
The corporate reported its web bookings for the fourth-fiscal quarter ended March 31 hit $1.58 billion, up 17% from the identical quarter a 12 months in the past. The outcomes had been within the high finish of the corporate’s personal steerage.
Good outcomes for NBA 2K25, Grand Theft Auto On-line and Grand Theft Auto V, Civilization VII, Toon Blast, Match Manufacturing unit, Empires & Puzzles, Pink Lifeless Redemption 2 and Pink Lifeless On-line and WWE 2K25.
The corporate stated that giving Rockstar Video games extra time to complete Grand Theft Auto VI will enhance high quality, and it famous that its most up-to-date trailer on GTA VI bought 475 million views in 24 hours, up from the announcement trailer of 93 million views.
GAAP web income was $1.582 billion, up 13% from final 12 months’s fiscal fourth quarter. The GAAP web loss was $3.373 billion, or $21.08 per share, as in comparison with $2.9 billion, or $17.02 per share, for the comparable interval final 12 months. Analysts had been anticipating GAAP revenues of $1.55 billion and a loss per share of 5 cents. The GAAP outcomes included impairment expenses of $3.55 billion associated to goodwill and $176.3 million for acquisition-related intangible belongings.
Internet bookings are the corporate’s…
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Author : tech365
Publish date : 2025-05-15 22:08:00
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