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Take-Two Interactive Software reported earnings Q3 FY2025 results ended on December 31, 2024

$TTWO (-0,04%)


- Net revenue: $1.36B vs $1.37B last year

- Net Bookings: $1.37B, +3% YoY

- Net loss: $125.2M vs $91.6M loss last year


CEO Strauss Zelnick: "We achieved solid results during the holiday season. Our Net Bookings of $1.37 billion were within our guidance range, as significant outperformance in NBA 2K helped to offset moderation experienced in several of our mobile franchises."


🌱Revenue & Growth

- Game revenue: $1.24B vs $1.21B last year

- Advertising revenue: $116.7M vs $158.1M last year

- US revenue: $825.7M (61% of total)

- International revenue: $534.1M (39% of total)


💰Profits & Financials

- Loss per share: $0.71 vs $0.54 loss last year

- EBITDA: $88.8M vs $146.5M last year

- Cash and equivalents: $1.21B vs $754.0M in March 2024


📌Business Highlights

- NBA 2K25 showed significant outperformance

- Released Red Dead Redemption and Undead Nightmare for PC

- Launched Grand Theft Auto Online: Agents of Sabotage update


🔮Future Outlook

- FY2025 Net Bookings guidance: $5.55B to $5.65B

- Q4 FY2025 Net Bookings guidance: $1.48B to $1.58B

- Planning to launch Sid Meier's Civilization VII (Feb 11), Mafia: The Old Country (Summer), Grand Theft Auto VI (Fall), and Borderlands 4

- Expects record Net Bookings levels in FY2026 and FY2027

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