Key Takeaways from Take-Two Interactive Software's Q4 2024 Earnings Report

Friday, 17 May 2024, 17:31

Take-Two Interactive Software (TTWO) recently reported its Q4 2024 earnings, showcasing a decline in revenue and widening net loss. Despite the challenges, TTWO maintains a strong pipeline and strategic focus on key titles for future growth. The post provides detailed insights into the financial performance of TTWO and its outlook for the upcoming quarters.
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Key Takeaways from Take-Two Interactive Software's Q4 2024 Earnings Report

Revenue declines, loss widens

Take-Two posted net revenue of $1.40 billion for Q4 2024, down 3% YoY. Net loss widened to $17.02 per share.

Business performance and pipeline

  • Net bookings in Q4 fell 3% YoY to $1.35 billion.
  • TTWO's pipeline includes 40 titles through FY2027, focusing on core releases and mobile games.

Outlook: TTWO anticipates revenue growth and net loss reduction for FY2025, supported by key titles like NBA 2K and Grand Theft Auto series.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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