secwatch.observer — SEC 8-K summary
======================================

Issuer:     TAKE TWO INTERACTIVE SOFTWARE INC (TTWO)
CIK:        0000946581
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001628280-24-045720
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Take-Two Q2 net bookings $1.47B at top of guidance; reaffirms FY2025 outlook
----------------------------------------------------------------------------

- Net bookings of $1.47B (top of guidance range), up 2% YoY; GAAP net revenue $1.35B (+4%).
- GAAP net loss narrowed to $365.5M ($2.08/shr) from $543.6M ($3.20/shr) in prior-year Q2.
- Recurrent consumer spending (bookings basis) grew 6%, accounting for 81% of total net bookings.
- FY2025 net bookings guidance reaffirmed at $5.55-$5.65B; Q3 bookings guided $1.35-$1.40B.
- Management expects sequential growth and record net bookings in FY2026/2027, citing GTA VI, Borderlands 4, Mafia: The Old Country.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946581/000162828024045720/0001628280-24-045720-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946581/000162828024045720/ttwo-20241106.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-045720

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