Take-Two Interactive Reaffirms FY2027 Net Bookings Guidance Amid Strong Grand Theft Auto VI Preorder Interest
Take-Two Interactive (TTWO) reported second-quarter net bookings of $1.6 billion, falling slightly short of its previously issued guidance range of $1.62 billion to $1.67 billion. Despite the minor miss, CEO Strauss Zelnick highlighted the successful launch of NBA 2K27 and provided an optimistic outlook for future performance. The company reaffirmed its full-year fiscal 2027 net bookings guidance of $8 billion to $8.2 billion. A significant driver for long-term confidence is the anticipation surrounding Grand Theft Auto VI, with management noting that preorder interest is tracking "far in excess" of expectations.
Tickers: $TTWO
Topics: earnings report financial guidance net bookings
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Part of the story Take-Two Interactive Reports Strong Grand Theft Auto VI Preorders Amid Cautious Fiscal Forecast (4 articles)