secwatch.observer — SEC 8-K summary
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Issuer:     TAKE TWO INTERACTIVE SOFTWARE INC (TTWO)
CIK:        0000946581
Form:       8-K
Filed at:   2024-05-16T23:59:59+00:00
Accession:  0001628280-24-023782
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Take-Two Q4 net bookings $1.35B beats guidance; GTA VI window narrowed to Fall 2025; FY25 net bookings $5.55-$5.65B
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- Q4 net bookings $1.35B exceeded high-end of guidance; recurrent consumer spending 79% of total Net Bookings.
- Q4 GAAP net loss $2.90B, including $2.18B goodwill impairment, $304.3M intangible impairment, and $93.3M reorganization costs.
- FY25 net bookings guidance $5.55-$5.65B; GAAP net loss per share expected $(3.90)-$(3.50).
- GTA VI release window narrowed from calendar 2025 to Fall 2025.
- FY24 net bookings $5.33B (+1% YoY); GAAP net loss $3.74B, including $2.34B goodwill impairment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946581/000162828024023782/0001628280-24-023782-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946581/000162828024023782/ttwo-20240516.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-023782

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