Overview
- Take-Two reported $1.39 billion in net bookings for the April–June quarter after its earnings report on Friday and said that figure reflected sales across franchises including Grand Theft Auto and NBA 2K.
- The publisher began GTA VI preorders on June 25 and set the standard edition at $79.99 and an Ultimate Edition at $99.99, with physical boxes likely to contain a code instead of a disc.
- Take-Two reiterated its fiscal 2027 net bookings outlook of $8.0 billion to $8.2 billion and confirmed Grand Theft Auto VI’s November 19 launch date.
- The company took a $43.4 million impairment charge for an unannounced third‑party title during the quarter and reported a GAAP loss per share of $0.18, slightly better than Street forecasts.
- Analysts on average expected higher full‑year bookings near $8.86 billion, and Take‑Two’s near‑term bookings forecast below those estimates raises questions about demand assumptions ahead of the game’s expected revenue surge.