secwatch.observer — SEC 8-K summary
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Issuer:     TAKE TWO INTERACTIVE SOFTWARE INC (TTWO)
CIK:        0000946581
Form:       8-K
Filed at:   2022-11-07T23:59:59+00:00
Accession:  0001628280-22-028640
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Take-Two Q2 FY2023 revenue up 62% to $1.4B; Net Bookings $1.5B; updates FY outlook
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946581/000162828022028640/0001628280-22-028640-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946581/000162828022028640/ttwo-20221107.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-028640

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