Take-Two FY2023: Revenue $5.35B (+53%), net loss $1.12B ($7.03 EPS) on $544M impairments

TAKE TWO INTERACTIVE SOFTWARE INC

2023-FY EPS reported -$7.03 revenue$5,349,900,000

GAAP net revenue up 53% to $5.35B; digitally-delivered revenue 95% of total.
GAAP net loss $1.12B ($7.03 per share) vs prior year net income $418M ($3.58 EPS).
Impairment charges: $465.3M for acquisition intangibles, $79.1M for capitalized software dev costs.
Recurrent consumer spending grew 84% YoY; Net Bookings $5.28B.
Q4 FY2023 net loss $610.3M ($3.62/sh) on $1.45B revenue (+56% YoY).

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

TAKE TWO INTERACTIVE SOFTWARE INC reported financial results for fourth fiscal quarter and fiscal year ended March 31, 2023.

Period: fourth fiscal quarter and fiscal year ended March 31, 2023
Result: reported results

Exact text from the filing

On May 17, 2023, Take-Two Interactive Software, Inc. (the “Company”) issued a press release announcing the financial results of the Company for its fourth fiscal quarter and fiscal year ended March 31, 2023.

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TAKE TWO INTERACTIVE SOFTWARE INC filing history →

Source: SEC EDGAR

accession 0001628280-23-018699

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