---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-028199"
form_type: "8-K"
ticker: "TTWO"
cik: "0000946581"
company_name: "TAKE TWO INTERACTIVE SOFTWARE INC"
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T03:32:56.005726+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Take-Two Q1 Net Bookings $1.20B, up 20%; net loss widens to $206M

## Summary
- Net Bookings $1.20B (+20% YoY); driven by GTA Online, GTA V, NBA 2K23.
- GAAP net revenue $1.28B (+17%); GAAP net loss $206M ($1.22/sh) vs loss $104M ($0.76/sh).
- Recurrent consumer spending grew 38%, representing 84% of Net Bookings.
- FY2024 Net Bookings outlook reiterated at $5.45-$5.55B; GAAP guidance revised lower.
- Management sees 'significant inflection point in fiscal 2025' with record operating performance.

## SEC filing metadata
- accession: 0001628280-23-028199
- form_type: 8-K
- ticker: TTWO
- cik: 0000946581
- company_name: TAKE TWO INTERACTIVE SOFTWARE INC
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/946581/000162828023028199/0001628280-23-028199-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/946581/000162828023028199/ttwo-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-028199
- JSON: https://secwatch.observer/filing/0001628280-23-028199.json
- Plain text: https://secwatch.observer/filing/0001628280-23-028199.txt

## Key facts
- Earnings Releases
  TAKE TWO INTERACTIVE SOFTWARE INC reported first fiscal quarter ended June 30, 2023 results: revenue $1.28 billion, net income $206.0 million, EPS $1.22 per share. Guidance reaffirmed.
  - Period: first fiscal quarter ended June 30, 2023
  - Revenue: $1.28 billion
  - Net income: $206.0 million
  - EPS: $1.22 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Empires & PuzzlesTM, Toon BlastTM, Merge Dragons!TM, Words With FriendsTM, Red Dead Redemption® 2 and Red Dead Online, and Toy BlastTM. • GAAP net revenue increased 17% to $1.28 billion, as compared to $1.10 billion in last year’s fiscal first quarter. ◦ Recurrent consumer spending** increased 29% and accounted for 83% of total GAAP net revenue. ◦ The largest
  evidence_url: https://www.sec.gov/Archives/edgar/data/946581/000162828023028199/0001628280-23-028199-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.