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Analysts at Wedbush have reiterated their ‘Outperform' rating on Take-Two Interactive Software Inc (NASDAQ:TTWO) after the video game maker's first quarter earnings were largely in line with estimates and there was no change to the timing or optimism around the highly anticipated release of Grand Theft Auto 6 (GTA 6). With the release of its fiscal first quarter 2025 earnings after the bell on Thursday, Take-Two reiterated its fiscal 2025 guidance of net bookings in the range of $5.55 billion to $5.65 billion and earnings per share (EPS) of $2.35 to $2.60 and the release window for GTA 6 in Fall 2025.
Shares of Take-Two Interactive (NASDAQ: TTWO ) stock are in the green after the video game holding company reported its first-quarter earnings for fiscal year 2025. Take-Two's revenue grew by 4% to $1.34 billion, just barely beating the analyst estimate for $1.33 billion.
Take-Two's (TTWO) first-quarter fiscal 2025 results reflect improvement in gaming revenues, partially offset by sluggish advertising revenues.
Take-Two Interactive Software, Inc. (NASDAQ:TTWO) stock is up 7.2% premarket to trade at $147.49, brushing off a revenue miss after the video game maker reported better-than-expected fiscal first-quarter profits.
Rockstar Games, the company behind the renowned video game franchise–Grand Theft Auto (GTA), is set to release GTA 6 in Fall 2025, a date unchanged from the previous announcement.
Rockstar Games, the company behind the renowned video game franchise–Grand Theft Auto (GTA), is set to release GTA 6 in Fall 2025, a date unchanged from the previous announcement.
Take-Two Interactive Software, Inc. (NASDAQ:TTWO ) Q1 2025 Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Strauss Zelnick - Chairman, Chief Executive Officer Karl Slatoff - President Lainie Goldstein - Chief Financial Officer Nicole Shevins - Senior Vice President of Investor Relations, Corporate Communications Conference Call Participants Doug Creutz - TD Cowen Colin Sebastian - Baird Andrew Marok - Raymond James Drew Crum - Stifel Benjamin Soff - Deutsche Bank Martin Yang - Oppenheimer & Co. Mike Hickey - The Benchmark Company Omar Dessouky - Bank of America Clay Griffin - Moffat Nathanson Chris Schoell - UBS Ed Alter - Jefferies Operator Greetings! And welcome to the Take-Two Interactive First Quarter Fiscal Year 2025 Earnings Call.
The headline numbers for Take-Two (TTWO) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Take-Two Interactive (TTWO) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.36 per share a year ago.
Take-Two Interactive Software Inc (NASDAQ:TTWO) shares moved higher after Thursday's closing bell as the video game maker's fiscal first quarter earnings impressed. The Grand Theft Auto-maker reported adjusted earnings per share of $0.05, $0.04 ahead of the $0.01 expected.