Key Takeaways from Take-Two Interactive Software's Q4 2024 Earnings Report
Friday, 17 May 2024, 17:31
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.