Take-Two: annual targets raised

(CercleFinance.com) - Take-Two Interactive has raised its annual targets, now expecting only a net loss of between $729 and $788 million (or between $4.
17 and $4.50) on revenues still forecast at between $5.57 and $5.67 billion.

For its third quarter 2024-25, the video game publisher posted a net loss of only $125 million, or $0.71 per share, significantly lower than the loss of between $1 and $1.15 per share it had anticipated.

The operator of the Red Dead and GTA franchises posted quarterly revenues of nearly 1.36 billion, at the bottom end of its target range (1.36 to 1.41 billion), with 9% growth in recurring consumer spending, driven by NBA 2K (+30%).

Copyright (c) 2025 CercleFinance.com. All rights reserved.