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Take-Two Interactive Software forecast fourth-quarter bookings below market expectations on Thursday, on signs of weak demand for the company's gaming titles such as Grand Theft Auto. ...
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Take-Two Interactive Software reported quarterly total net bookings of $1.34 billion which is down 3% year-over-year. Take-Two said net bookings from recurrent consumer spending decreased by 7% and accounted for 75% of total net bookings. The company reported GAAP net revenue of $1.37 billion, also down by 3%, and a GAAP loss per share of 54 cents. Take-Two also revised its 2024 net bookings forecast to between $5.25 billion and $5.3 billion.
In this article, we will discuss the 10 stocks recently downgraded by analysts. If you want to see more such stocks on the list, you can directly visit Analysts on Wall Street Lower Ratings for These 5 Stocks. Global financial markets experienced a moment of pause on February 6 as traders awaited further guidance from central […]
Boston Partners raised its holdings in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 10.5% in the third quarter, Holdings Channel.com reports. The firm owned 2,893,303 shares of the company’s stock after buying an additional 275,368 shares during the period. Boston Partners’ holdings in Take-Two Interactive Software were worth $405,792,000 as of […]