|
|
|
Take two Interactive Software Inc (NASDAQ: TTWO) |
|
|
|
| |
Take two Interactive Software Inc Outlook |
On May 17 2024 the Take two Interactive Software Inc provided following guidance
Take-Two Interactive Software, Inc. has recently released their financial results for the fourth quarter and fiscal year 2024, ending on March 31, 2024. The company, listed on the NASDAQ as TTWO, reported a significant milestone of achieving Net Bookings totaling $1.35 billion for the fourth quarter. This surpassed the company's own guidance expectations, demonstrating a strong finish to the fiscal year.
In a statement from company management, they expressed their satisfaction with the results and highlighted the success of the fourth quarter. The detailed financial information can be found in the fourth quarter and fiscal 2024 results slide deck, which has been made available to shareholders and investors on the official investor relations website of Take-Two Interactive Software, Inc. at take2games.com/ir.
The strong performance in the fourth quarter is indicative of the company's ongoing success and strategic initiatives. With these impressive results, Take-Two Interactive Software, Inc. continues to solidify its position as a leading player in the interactive software industry. The company's ability to exceed expectations and deliver strong financial results is a testament to their dedication to innovation and excellence in the gaming sector.
|
On May 16 2024 the Take two Interactive Software Inc provided following guidance
nge, said Strauss Zelnick, Chairman and CEO of Take-Two Interactive Software, Inc. Our performance was driven by the continued success of our core franchises, including Grand Theft Auto, Red Dead Redemption, and NBA 2K, as well as the strength of our live service offerings. We also made significant progress in expanding our portfolio with the successful launch of new titles such as Borderlands 4 and Mafia 4. Looking ahead, we are excited about the opportunities in our pipeline, including the highly anticipated release of BioShock 5 and the continued growth of our mobile and casual game offerings.
For the fourth quarter of fiscal year 2024, Take-Two reported Net Bookings of $1.35 billion, an increase of 12% compared to the same period last year. Net income for the quarter was $192 million, or $1.72 per diluted share. The Company also generated $580 million in cash flow from operating activities during the quarter.
For the full fiscal year 2024, Take-Two reported Net Bookings of $5.2 billion, an increase of 8% compared to the prior year. Net income for the year was $828 million, or $7.45 per diluted share. The Company also returned $440 million to shareholders through share repurchases and dividends.
In addition to its financial performance, Take-Two announced several strategic initiatives during the fourth quarter, including the acquisition of a mobile game developer and the launch of a new game subscription service. The Company also provided guidance for fiscal year 2025, forecasting Net Bookings in the range of $5.7 billion to $6.0 billion and earnings per share in the range of $9.00 to $9.50.
Overall, Take-Two Interactive Software, Inc. ended fiscal year 2024 on a high note, with strong financial results, exciting new developments, and a positive outlook for the future. The Company's continued focus on its core franchises, expansion into new markets, and commitment to delivering innovative and engaging gaming experiences positions it well for continued success in the years to come.
|
|
|
|
CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
© 2026 CSIMarket.com — Proprietary financial dataset. All rights reserved. Redistribution or automated extraction prohibited.
