secwatch.observer — SEC 8-K summary
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Issuer:     TAKE TWO INTERACTIVE SOFTWARE INC (TTWO)
CIK:        0000946581
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001628280-24-036152
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Take-Two Q1 net bookings $1.22B, flat YoY; GAAP net loss $262M; reiterates FY25 bookings outlook
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- Net bookings $1.22B (+1% YoY); recurrent consumer spending flat at 83% of total Net Bookings.
- GAAP net loss $262.0M ($1.52 loss per share) vs $206.0M loss a year ago; net revenue $1.34B (+4%).
- Reaffirms FY2025 net bookings outlook $5.55-5.65B; expects sequential net bookings growth in FY2026 and FY2027.
- Revised FY2025 GAAP net revenue guidance $5.57-5.67B; GAAP net loss per share $(4.33) to $(3.95).
- Top bookings drivers: NBA 2K24, GTA Online, GTA V, Toon Blast, Empires & Puzzles, Match Factory!, RDR2, Words With Friends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946581/000162828024036152/0001628280-24-036152-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946581/000162828024036152/ttwo-20240808.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-036152

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