Revenue Performance - Take-Two's Grand Theft Auto products generated 12.9% of net revenue for the six months ended September 30, 2024[132]. - Net revenue from digital online channels comprised 96.4% of net revenue for the six months ended September 30, 2024[136]. - Console revenue comprised 37.2% of net revenue for the six months ended September 30, 2024[135]. - Total net revenue for the three months ended September 30, 2024, was $1,353.1 million, representing a 4.1% increase from $1,299.2 million in the same period last year[150]. - Total net revenue for the six months ended September 30, 2024, was $2,691.3 million, an increase of $107.4 million or 4.2% compared to $2,583.9 million in the prior year[181]. - Mobile revenue accounted for 54.7% of total net revenue for the three months ended September 30, 2024, up from 49.7% in the prior year[152]. - Net revenue from recurrent consumer spending (RCS) increased by $78.6 million, accounting for 79.7% of net revenue for the three months ended September 30, 2024, compared to 77.0% in the prior year period[153]. - Net revenue from digital online channels rose by $60.3 million, representing 96.1% of total net revenue for the three months ended September 30, 2024, up from 95.4% in the prior year[154]. - Net revenue from Match Factory! contributed $73.6 million to the increase in net revenue for the three months ended September 30, 2024[151]. - The company experienced a decrease in net revenue from the Grand Theft Auto franchise by $27.4 million for the three months ended September 30, 2024[151]. - The company reported a decrease in net revenue from console games by $55.6 million, accounting for 36.3% of total net revenue for the three months ended September 30, 2024[152]. - Net revenue from PC and other increased by $15.5 million, accounting for 9.0% of total net revenue for the three months ended September 30, 2024[152]. - Net revenue earned outside the United States accounted for 39.8% of total net revenue for the three months ended September 30, 2024[226]. Profitability and Expenses - Gross profit for the three months ended September 30, 2024, was $727.9 million, a significant increase of 75.2% compared to $415.4 million in the prior year[150]. - Gross profit as a percentage of net revenue increased to 53.8% for the three months ended September 30, 2024, compared to 32.0% in the prior year[155]. - Total operating expenses for the three months ended September 30, 2024, were $1,025.1 million, a 75.7% increase from $959.1 million in the prior year[148]. - Total operating expenses increased by $66.0 million, accounting for 75.7% of net revenue for the three months ended September 30, 2024, compared to 73.8% in the prior year[158]. - Selling and marketing expenses increased by $126.7 million, representing 34.1% of net revenue for the three months ended September 30, 2024, compared to 25.8% in the prior year[158]. - General and administrative expenses rose by $74.7 million, accounting for 18.7% of net revenue for the three months ended September 30, 2024, compared to 13.7% in the prior year[161]. - Research and development expenses increased by $14.6 million, representing 18.2% of net revenue for the three months ended September 30, 2024, compared to 17.9% in the prior year[163]. - Operating expenses totaled $1,981.1 million, or 73.6% of net revenue, an increase of $138.5 million or 7.5% from the prior year[188]. Net Loss and Earnings Per Share - The net loss for the three months ended September 30, 2024, was $365.5 million, a 26.9% increase compared to a net loss of $543.6 million in the prior year[148]. - Net loss for the three months ended September 30, 2024, was $365.5 million, an improvement from a net loss of $543.6 million in the prior year[180]. - Basic and diluted loss per share for the three months ended September 30, 2024, was $2.08, compared to $3.20 in the prior year[180]. - For the six months ended September 30, 2024, the net loss was $627.5 million, an improvement from a net loss of $749.6 million in the prior year period[208]. - Basic and diluted loss per share for the same period was $3.61, compared to $4.42 in the prior year[208]. Cash and Investments - As of September 30, 2024, cash and cash equivalents and restricted cash totaled $1,319.6 million, up from $1,102.0 million at March 31, 2024[222]. - The company had $3.5 million in short-term investments as of September 30, 2024, primarily consisting of bank time deposits[210]. - For the six months ended September 30, 2024, net cash used in operating activities was $(319.4) million, compared to $69.8 million provided in the prior year[223]. - Capital expenditures for the six months ended September 30, 2024, were $71.9 million, with an anticipated total of approximately $150.0 million for fiscal year 2025[225]. - The company had $3,650.0 million of Senior Notes outstanding as of September 30, 2024[211]. Shareholder Actions and Currency Management - The company has authorized the repurchase of up to 21.7 million shares of common stock, with 10.0 million shares remaining available for repurchase as of September 30, 2024[220][221]. - As of September 30, 2024, the company had $332.6 million of forward contracts outstanding to sell foreign currencies and $156.9 million to buy foreign currencies, all with maturities of less than one year[235]. - For the three months ended September 30, 2024, the company recorded a loss of $3.3 million related to foreign currency forward contracts, compared to a gain of $3.6 million in the same period of 2023[235]. - For the six months ended September 30, 2024, the company recorded a gain of $0.2 million related to foreign currency forward contracts, down from a gain of $7.4 million in the same period of 2023[235]. - As of September 30, 2024, the fair value of outstanding forward contracts was immaterial and included in accrued expenses and other current liabilities[235]. - A hypothetical 10% increase in the value of the U.S. dollar against all currencies would decrease revenues by 4.0%, while a 10% decrease would increase revenues by 4.0%[236]. - The company believes that a substantial portion of currency fluctuations would be offset by costs incurred in local currency[236]. Future Outlook - Rockstar Games plans to release Grand Theft Auto VI in the fall of calendar year 2025[126]. - The company expects to continue to deliver new content for its franchises throughout the year[142]. - The NBA 2K Online game in China has over 65 million registered users, making it the top online PC sports game in the region[130]. - The company continues to monitor macroeconomic factors that may affect consumer demand and pricing pressure on products[133].

Exhibit 99.1 (Investor Relations) (Corporate Press) Nicole Shevins Alan Lewis Senior Vice President Vice President Investor Relations & Corporate Communications Corporate Communications & Public Affairs Take-Two Interactive Software, Inc. Take-Two Interactive Software, Inc. (646) 536-3005 (646) 536-2983 Nicole.Shevins@take2games.com Alan.Lewis@take2games.com FOR IMMEDIATE RELEASE CONTACT: Take-Two Interactive Software, Inc. Reports Results for Fiscal Second Quarter 2025 $1.47 billion Net Bookings with outpe ...

Take-Two Interactive (TTWO) is set to report second-quarter fiscal 2025 results on Nov. 6.For the second quarter of fiscal 2025, Take-Two expects GAAP net revenues between $1.29 billion and $1.34 billion. It anticipates a loss per share between $2.15 and $2.3. The Zacks Consensus Estimate for revenues is currently pegged at $1.45 billion, suggesting an increase of 0.21% from the figure reported in the year-ago quarter.The consensus mark for fiscal second-quarter earnings per share has remained unchanged at ...

Analysts on Wall Street project that Take-Two Interactive (TTWO) will announce quarterly earnings of $0.42 per share in its forthcoming report, representing a decline of 65.9% year over year. Revenues are projected to reach $1.45 billion, increasing 0.2% from the same quarter last year.The consensus EPS estimate for the quarter has undergone a downward revision of 11.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial ...

Take-Two Interactive (TTWO) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this publisher of "Grand Theft Auto" and other video games have returned +7.6%, compared to the Zacks S&P 500 composite's +1% change. During this period, the Zacks Toys - Games - Hobbies industry, which Take-Two falls in, has gained 2.9%. The key question now is: What could be the ...

Take-Two Interactive (TTWO) ended the recent trading session at $160.80, demonstrating a -0.61% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.27%. At the same time, the Dow added 0.65%, and the tech-heavy Nasdaq gained 0.26%. Shares of the publisher of "Grand Theft Auto" and other video games have appreciated by 5.71% over the course of the past month, outperforming the Consumer Discretionary sector's gain of 1.51% and the S&P 500's gain of 2% ...

Take-Two Interactive (TTWO) closed the most recent trading day at $156.88, moving +1.04% from the previous trading session. This change outpaced the S&P 500's 0.18% loss on the day. On the other hand, the Dow registered a loss of 0.8%, and the technology-centric Nasdaq increased by 0.27%.Prior to today's trading, shares of the publisher of "Grand Theft Auto" and other video games had gained 4.36% over the past month. This has lagged the Consumer Discretionary sector's gain of 8.02% and the S&P 500's gain of ...

Take-Two Interactive (TTWO) , the parent company of Rockstar Games, is set to release the critically acclaimed Red Dead Redemption and its expansion Undead Nightmare on PC for the first time on Oct. 29, 2024. This strategic move marks a significant expansion of the game's market reach, potentially tapping into the lucrative PC gaming demographic. The PC version, developed in collaboration with Double Eleven, boasts enhanced features tailored for high-end gaming rigs. These include 4K resolution support at u ...

In the latest market close, Take-Two Interactive (TTWO) reached $151.37, with a +0.59% movement compared to the previous day. The stock's change was more than the S&P 500's daily gain of 0.01%. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq gained 0.08%. The publisher of "Grand Theft Auto" and other video games's stock has dropped by 3.48% in the past month, falling short of the Consumer Discretionary sector's gain of 3.93% and the S&P 500's gain of 1.21%. The upcoming earnings release of ...

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 ...