Take-Two Interactive Software said on Thursday it expects net bookings to grow in fiscal years 2026 and 2027, as the videogame publisher gears up for the launch of its long-awaited “Grand Theft Auto VI” next year.
Take-Two Interactive Software said on Thursday it expects net bookings to grow in fiscal years 2026 and 2027, as the videogame publisher gears up for the launch of its long-awaited “Grand Theft Auto VI” next year.
Take-Two Interactive Software tempered expectations for fiscal 2025 bookings on Thursday, after setting the release of “Grand Theft Auto VI” in the fall of calendar 2025.
Take-Two Interactive Software has struck a deal to buy Gearbox Entertainment, the creator of the Borderlands and Tiny Tina’s Wonderlands franchises, from Sweden’s Embracer Group for $460 million in stock.
Fans of the Grand Theft Auto franchise may still be disappointed that the hotly-anticipated videogame won’t be released until 2025. But investors in the game’s publisher Take-Two Interactive seem to have gotten over it pretty quickly.
Shares in Take Two Interactive Software advanced on Wednesday following a report that the hotly anticipated next installment of the Grand Theft Auto videogame franchise may be announced this week. The company reports earnings later in the day.
Take-Two Interactive Softwar missed earnings expectations in its latest quarter, but shares were still rising in late trading. Most of the focus from investors of late has been on fiscal 2025 and beyond.
Take-Two Interactive Software TTWO reported mixed fourth-quarter results but signaled that key game releases will drive stronger growth in the years to come.