secwatch.observer — SEC 8-K summary
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Issuer:     TAKE TWO INTERACTIVE SOFTWARE INC (TTWO)
CIK:        0000946581
Form:       8-K
Filed at:   2022-08-08T23:59:59+00:00
Accession:  0001628280-22-021573
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946581/000162828022021573/0001628280-22-021573-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946581/000162828022021573/ttwo-20220808.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-021573

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