earnings
confidence high
sentiment positive
materiality 0.80
Take-Two Q2 FY2023 revenue up 62% to $1.4B; Net Bookings $1.5B; updates FY outlook
TAKE TWO INTERACTIVE SOFTWARE INC
2023-Q2 EPS reported
-$2.38
revenue$2,495,900,000
- GAAP net revenue $1.4B (+62% YoY); net loss $257M ($1.54/sh) vs $10.2M income last year.
- Net Bookings grew 53% to $1.5B; recurrent spending up 95%, representing 79% of total revenue.
- FY2023 Net Bookings guidance revised to $5.4-$5.5B; initial Q3 FY2023 outlook provided.
- Adjusted Unrestricted Operating Cash Flow (6 months) -$17.1M vs +$56.1M prior year.
- Top revenue contributors: NBA 2K, GTA V/Online, Empires & Puzzles, Rollic hyper-casual, Toon Blast.