Take-Two: raises annual targets

(CercleFinance.com) - Take-Two Interactive has raised its annual targets, now expecting only a net loss of $729m to $788m (or between $4.
17 and $4.50 per share) on revenues that it still forecasts at between $5.57bn and $5.67bn. NB: pmt +8.8%.

In Q3 2024-25, the video games publisher posted a net loss of just $125m, or $0.71 per share, significantly lower than the loss of between $1 and $1.15 per share that it expected.

The operator of the Red Dead and GTA franchises posted quarterly revenues of nearly $1.36bn, at the bottom end of its target range ($1.36bn to $1.41bn), with 9% growth in recurring consumer spending, driven by NBA 2K (+30%).


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