secwatch.observer — SEC 8-K summary
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Issuer:     TAKE TWO INTERACTIVE SOFTWARE INC (TTWO)
CIK:        0000946581
Form:       8-K
Filed at:   2022-05-16T23:59:59+00:00
Accession:  0001628280-22-014496
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Take-Two reports FY2022 revenue $3.5B (+4%), guides FY2023 record Net Bookings $3.75-3.85B
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- GAAP net revenue $3.50B (+4% YoY); GAAP diluted EPS $3.58 vs $5.09 last year.
- Net Bookings for FY2022 were $3.41B (-4% YoY); recurrent spending 64% of Bookings.
- Q4 revenue $930M (+11% YoY); GAAP diluted EPS $0.95 vs $1.88 in prior year Q4.
- FY2023 Net Bookings guidance $3.75-$3.85B (standalone); cash & short-term investments $2.6B.
- Pending Zynga acquisition highlighted as transformative for mobile expansion and cost synergies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946581/000162828022014496/0001628280-22-014496-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946581/000162828022014496/ttwo-20220516.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-014496

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer