GTA VI Delay Looms Over Take-Two Earnings: Sales Beat, EPS Miss, Outlook Updated
1. Take-Two reported $1.58 billion net bookings, exceeding estimates by $30 million. 2. Adjusted earnings per share of $1.08 missed expectations of $1.10. 3. Net bookings from recurrent spending rose 14%, constituting 77% of total. 4. Guidance for next quarter net bookings ranges from $1.25B to $1.30B. 5. Upcoming titles include 'GTA VI,' slated for release in May 2026.