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Take-Two Interactive reported adjusted earnings of $1.21 per share and quarterly sales of $1.399 billion, beating the $1.299 billion analyst consensus estimate. Total Net Bookings decreased 3% to $1.35 billion, as compared to $1.39 billion from the prior year's fiscal fourth quarter.
Earlier this month, reports surfaced that Take-Two was closing OlliOlli World developer Roll7 and Kerbal Space Program 2 developer Intercept Games. But when we asked Take-Two CEO Strauss Zelnick why these closures happened in a call today, he said, "We didn't shutter those studios."
Take-Two Interactive's latest earnings revealed that GTA 6 will release in fall 2025, with CEO Strauss Zelnick telling IGN that he is "highly confident" that it will meet its updated release date.
2K Games is preparing to reveal the sequel to a "beloved franchise" at Summer Game Fest, with fans speculating that it might be Borderlands 4, BioShock 4, Mafia 4, and numerous other popular games.
The sixth installment in the mega-selling "Grand Theft Auto" video game franchise will be released in fall 2025.