secwatch.observer — SEC 8-K summary
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Issuer:     TAKE TWO INTERACTIVE SOFTWARE INC (TTWO)
CIK:        0000946581
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0001628280-23-037860
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Take-Two Q2 FY2024 net bookings $1.44B down 4% YoY; GAAP net loss $543.6M
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- GAAP net loss of $543.6M ($3.20 per share) vs $257.0M loss last year; includes $219.7M intangible and $165.4M goodwill impairment.
- Net bookings $1.44B, down 4% YoY; recurrent consumer spending accounted for 78% of total bookings.
- Largest contributors: NBA 2K24/23, GTA V/Online, and mobile portfolio (Empires & Puzzles, Toon Blast).
- Fiscal 2024 net bookings guidance reaffirmed at $5.45-$5.55B; GAAP revenue outlook narrowed to $5.37-$5.47B.
- Q3 FY2024 outlook: net bookings $1.30-$1.35B; GAAP net loss per share $(0.73)-$(0.63).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946581/000162828023037860/0001628280-23-037860-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946581/000162828023037860/ttwo-20231108.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-037860

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