---
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"
generated_at: "2026-06-06T06:16:53.032104+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Take-Two Q3 FY2024 net bookings $1.34B, down 3% YoY; cuts FY2024 outlook

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-003879
- JSON: https://secwatch.observer/filing/0001628280-24-003879.json
- Plain text: https://secwatch.observer/filing/0001628280-24-003879.txt

## Key facts
- Earnings Releases
  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.
  - Period: third fiscal quarter ended December 31, 2023
  - Revenue: $1.37 billion
  - Net income: $91.6 million
  - EPS: $0.54 per share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/946581/000162828024003879/0001628280-24-003879-index.htm
- Earnings Releases
  TAKE TWO INTERACTIVE SOFTWARE INC reported fiscal year ending March 31, 2024 results: revenue $5.25 to $5.3 billion. Guidance lowered.
  - Period: fiscal year ending March 31, 2024
  - Revenue: $5.25 to $5.3 billion
  - Guidance: lowered
  - Result: guidance update
  source text: Our revised Net Bookings forecast is $5.25 to $5.3 billion.
  evidence_url: https://www.sec.gov/Archives/edgar/data/946581/000162828024003879/0001628280-24-003879-index.htm

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