{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-003879","form_type":"8-K","ticker":"TTWO","cik":"0000946581","company_name":"TAKE TWO INTERACTIVE SOFTWARE INC","filed_at":"2024-02-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.387072+00:00","generated_at":"2026-06-06T06:16:53.032104+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Take-Two Q3 FY2024 net bookings $1.34B, down 3% YoY; cuts FY2024 outlook","bullets":["GAAP net revenue $1.37B (-3% YoY); GAAP net loss $91.6M ($0.54 loss per share) vs. loss of $153.4M last year.","Net Bookings $1.34B (-3% YoY); recurrent consumer spending down 7% (75% of total bookings).","Revised FY2024 Net Bookings forecast to $5.25-$5.3B; GAAP net loss per share $(5.95)-$(5.85).","CEO cites softness in mobile advertising and NBA 2K24; launching incremental cost reduction program to expand margins.","Non-GAAP EBITDA guidance $313-$334M; capex ~$150M; operating cash flow ~$90M."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-003879","json":"https://secwatch.observer/filing/0001628280-24-003879.json","markdown":"https://secwatch.observer/filing/0001628280-24-003879.md","text":"https://secwatch.observer/filing/0001628280-24-003879.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/946581/000162828024003879/0001628280-24-003879-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/946581/000162828024003879/ttwo-20240208.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T06:16:53.032104+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"de4c89990f8f32a5ce0eda91921c64bc9115b222","claim":"TAKE TWO INTERACTIVE SOFTWARE INC reported third fiscal quarter ended December 31, 2023 results: revenue $1.37 billion, net income $91.6 million, EPS $0.54 per share.","evidence_excerpt":"Dead Redemption® 2 and Red Dead Online, Words With FriendsTM, Grand Theft Auto: The Trilogy - The Definitive Edition, and Merge Dragons!TM. • GAAP net revenue decreased 3% to $1.37 billion, as compared to $1.41 billion in last year’s fiscal third quarter. ◦ Recurrent consumer spending** decreased 7% and accounted for 76% of total GAAP net revenue. ◦ The largest","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/946581/000162828024003879/0001628280-24-003879-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third fiscal quarter ended December 31, 2023"},{"label":"Revenue","value":"$1.37 billion"},{"label":"Net income","value":"$91.6 million"},{"label":"EPS","value":"$0.54 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f09c6fa7b736915ee63314f6d2bdcad939e29447","claim":"TAKE TWO INTERACTIVE SOFTWARE INC reported fiscal year ending March 31, 2024 results: revenue $5.25 to $5.3 billion. Guidance lowered.","evidence_excerpt":"Our revised Net Bookings forecast is $5.25 to $5.3 billion.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/946581/000162828024003879/0001628280-24-003879-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year ending March 31, 2024"},{"label":"Revenue","value":"$5.25 to $5.3 billion"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}