Take-Two Interactive (TTWO) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 26.32%. A quarter ago, it was expected that this publisher of "Grand Theft Auto" and other video games would post earnings of $0.42 per share when it actually produced earnings of $0.66, delivering a surprise ...

Revenue Generation - Take-Two's Grand Theft Auto products generated 13% of net revenue for the nine months ended December 31, 2024[129]. - Net revenue from digital online channels comprised 96.4% of net revenue for the nine months ended December 31, 2024[133]. - The NBA 2K Online game in China has over 65 million registered users, making it the top online PC sports game in the region[127]. - The company derives a substantial portion of its revenue from console products, which comprised 37.2% of net revenue for the nine months ended December 31, 2024[132]. - Net revenue from mobile increased by $161.4 million, accounting for 54.2% of total net revenue, up from 51.5% in the prior year period[176]. - Net revenue from digital online channels increased to $1,310.7 million, accounting for 96.4% of total net revenue, compared to 94.9% in the prior year[149]. - The five largest customers accounted for 81.8% of net revenue during the nine months ended December 31, 2024, indicating a high concentration of revenue from major clients[209]. Future Releases - Rockstar Games plans to release Grand Theft Auto VI in the fall of calendar year 2025[123]. - The company expects to continue to deliver new content for its franchises throughout the year[138]. - 2K plans to release Sid Meier's Civilization VII, PGA TOUR 2K25, and WWE 2K25 during the remainder of fiscal year 2025[137]. Financial Performance - Net Bookings for the three months ended December 31, 2024, were $1,373.4 million, an increase of 2.7% compared to $1,337.8 million in the prior year[141]. - Total net revenue for the three months ended December 31, 2024, was $1,359.8 million, a slight decrease of 0.5% from $1,366.3 million in the same period last year[144]. - Gross profit for the three months ended December 31, 2024, was $759.9 million, representing 55.9% of net revenue, up from 49.7% in the prior year[150]. - The company reported a net loss of $125.2 million for the three months ended December 31, 2024, compared to a net loss of $91.6 million in the prior year[144]. - For the nine months ended December 31, 2024, total net revenue was $4,051.1 million, representing a 2.6% increase from $3,950.2 million in the prior year period[175]. - Net loss for the three months ended December 31, 2024, was $125.2 million, compared to a net loss of $91.6 million in the prior year period[174]. - Net loss for the nine months ended December 31, 2024, was $752.7 million, an improvement from a net loss of $841.2 million in the prior year, with a basic and diluted loss per share of $4.31[201]. Operating Expenses - Total operating expenses for the three months ended December 31, 2024, were $892.0 million, representing 65.5% of net revenue, an increase from 59.1% in the prior year[152]. - Selling and marketing expenses increased by $21.6 million for the three months ended December 31, 2024, mainly due to higher marketing expenses for Match Factory![156]. - General and administrative expenses increased by $24.6 million for the three months ended December 31, 2024, driven by higher personnel and consulting expenses[157]. - Total operating expenses for the nine months ended December 31, 2024, were $2,873.1 million, representing 70.9% of net revenue, an increase of $222.9 million or 8.4% compared to the prior year[181]. - Selling and marketing expenses increased by $180.3 million to $1,281.6 million, accounting for 31.6% of net revenue, primarily due to higher marketing expenses for the Match Factory! release[182]. - Research and development expenses increased by $8.9 million for the three months ended December 31, 2024, primarily due to increased headcount[159]. - General and administrative expenses increased by $111.9 million to $653.1 million, or 16.1% of net revenue, due to higher legal fees, personnel expenses, and IT-related costs[184]. Cash and Liquidity - As of December 31, 2024, the company had $1,308.9 million in cash and cash equivalents, an increase from $1,102.0 million at March 31, 2024, primarily due to net cash provided by financing activities[214]. - Cash and cash equivalents held outside of the U.S. by foreign subsidiaries amounted to $804.9 million, supporting the liquidity needs of the company's international operations[212]. - For the nine months ended December 31, 2024, net cash used in operating activities was $(324.2) million, compared to $(7.2) million for the same period in 2023[214]. - As of December 31, 2024, the company had $3,650.0 million of Senior Notes outstanding and $747.8 million available for additional borrowings under the 2022 Credit Agreement[204][205]. Economic Factors - The company continues to monitor macroeconomic factors that may affect consumer demand and pricing pressure on products[130]. - The company anticipates fluctuations in quarterly operating results due to various factors, including the timing of new title introductions and seasonal demand[219]. - A hypothetical 10% increase in the value of the U.S. dollar against all currencies would decrease revenues by 3.9%, while a 10% decrease would increase revenues by 3.9%[229]. Currency and Foreign Operations - The company recorded a foreign currency translation adjustment loss of $104.3 million for the three months ended December 31, 2024, compared to a gain of $66.3 million for the same period in 2023[226]. - The company had $270.3 million of forward contracts outstanding to sell foreign currencies in exchange for U.S. dollars as of December 31, 2024[228]. - For the three months ended December 31, 2024, 39.3% of the company's net revenue was generated outside the United States, compared to 40.1% for the same period in 2023[217]. Taxation - The effective tax rate for the three months ended December 31, 2024, was 18.1%, down from 39.9% in the prior year period, primarily due to decreased tax benefits related to unrecognized tax benefits[165].

Exhibit 99.1 FOR IMMEDIATE RELEASE CONTACT: (Investor Relations) (Corporate Press) Nicole Shevins Alan Lewis Senior Vice President Vice President Investor Relations & Corporate Communications Take-Two Interactive Software, Inc. Take-Two Interactive Software, Inc. (646) 536-3005 (646) 536-2983 Nicole.Shevins@take2games.com Alan.Lewis@take2games.com Corporate Communications & Public Affairs Take-Two Interactive Software, Inc. Reports Results for Fiscal Third Quarter 2025 $1.37 billion Net Bookings, within Com ...

Take-Two Interactive (NASDAQ: TTWO ) remains one of the biggest powerhouses in the gaming world. With Grand Theft Auto VI right around the corner, the company is poised for a major growth spurt. The dramatic rise of AI"AWS Certified AI Practitioner Early Adopter"I am a DevOps Engineer for a major, wholly owned subsidiary of a large-cap Fortune 500. I am a true subject-matter expert on the actual buildout, deployment, and maintenance of AI tools and applications. I have increasingly deep knowledge on the sci ...

As January winds down, Wall Street is set to notch its first monthly win of 2025, carrying strong momentum into February. However, not all stocks are poised to benefit from the bullish sentiment.Schaeffer’s Senior Quantitative Analyst Rocky White has identified the 25 worst-performing S&P 500 Index (SPX) stocks in February over the past decade -- one of which is Take-Two Interactive Software, Inc (NASDAQ:TTWO). According to White’s research, TTWO has averaged a 6.7% loss in February over the past 10 years, ...

Take-Two Interactive (TTWO -2.79%) stock is falling in Thursday's trading. The video company's share price was down 2.7% as of 12:50 p.m. ET amid the backdrop of a 0.1% gain for the S&P 500 index and a decline of 0.4% for the Nasdaq Composite index.Take-Two is losing ground today after fellow gaming-industry player Electronic Arts (EA -16.73%) published preliminary results for the third quarter of its current fiscal year, which ended Dec. 31. EA also issued revised guidance for its full fiscal year. Wall St ...

Take-Two Interactive Software, Inc. d/b/a Borderlands VPPA Violation under Investigation by Levi & Korsinsky, LLP ...

Take-Two Interactive (TTWO) closed at $180.03 in the latest trading session, marking a +0.71% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.12%. Elsewhere, the Dow gained 0.52%, while the tech-heavy Nasdaq lost 0.23%.Prior to today's trading, shares of the publisher of "Grand Theft Auto" and other video games had lost 4.5% over the past month. This has was narrower than the Consumer Discretionary sector's loss of 5.39% and lagged the S&P 500's loss of 3.45% in t ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Take-Two Interactive (TTWO) .Take-Two currently has an average br ...

Take-Two Interactive (TTWO) closed at $183.74 in the latest trading session, marking a +1.09% move from the prior day. This change outpaced the S&P 500's 0.16% gain on the day. Elsewhere, the Dow saw an upswing of 0.25%, while the tech-heavy Nasdaq depreciated by 0.06%.The publisher of "Grand Theft Auto" and other video games's stock has dropped by 1.95% in the past month, exceeding the Consumer Discretionary sector's loss of 6.01% and the S&P 500's loss of 2.8%.The investment community will be paying close ...