Take-Two Q1 GAAP net loss $0.76 (vs $1.30 yr ago); rev +36% to $1.1B; includes Zynga 39 days

TAKE TWO INTERACTIVE SOFTWARE INC

2023-Q1 EPS reported -$0.76 revenue$1,102,400,000

GAAP net loss $104M ($0.76 per share) vs net income $152.3M ($1.30) in prior year.
Net revenue grew 36% to $1.1B; Net Bookings up 41% to $1.0B.
Recurrent consumer spending up 44%, accounted for 75% of total net revenue.
Completed Zynga combination on May 23; updated FY2023 Net Bookings guidance $5.8B-$5.9B.
Adjusted Unrestricted Operating Cash Flow (non-GAAP) $(14.4)M vs $29.1M prior year.

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