secwatch.observer — SEC 8-K summary
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Issuer:     TAKE TWO INTERACTIVE SOFTWARE INC (TTWO)
CIK:        0000946581
Form:       8-K
Filed at:   2023-02-06T23:59:59+00:00
Accession:  0001628280-23-002424
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Take-Two Q3 FY2023: Revenue up 56% to $1.41B but net loss of $153.4M; FY Net Bookings guidance raised
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- GAAP net revenue increased 56% to $1.41B, with 95% from digital and79% from recurrent consumer spending.
- GAAP net loss of $153.4M ($0.91 loss per share) vs net income of $144.6M ($1.24 diluted EPS) a year ago.
- Net Bookings grew 60% to $1.38B; recurrent consumer spending rose 104%.
- Company updated FY2023 Net Bookings outlook to $5.2-$5.25B.
- Adjusted Unrestricted Operating Cash Flow for nine months fell to $122.9M from $278.7M prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946581/000162828023002424/0001628280-23-002424-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946581/000162828023002424/ttwo-20230206.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-002424

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