Take-Two rises as GTA VI bookings forecast holds up
+6.04% to $246.50 from $232.47
What moved TTWO
- Fiscal first-quarter bookings fell 3% from a year earlier but topped management’s own guidance.
- The company reaffirmed its fiscal 2027 net bookings forecast of $8 billion to $8.2 billion.
- It was Take-Two’s first earnings call since GTA VI pre-orders opened June 25; analytics firm Newzoo called the launch the strongest opening week of pre-orders ever recorded.
- The company reported a GAAP loss of $0.18 per share, about 14% wider than the analyst consensus estimate.
Sources: Yahoo Finance · GTA BOOM · StockStory