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Take-Two is already benefiting from the growing portfolio strength and a solid increase in recurrent consumer spending.

Take-Two expects earnings between $3.10 and $3.20 per share. GAAP net revenues are likely to be $3.41-$3.46 billion. Net bookings are projected between $808 million and $858 million.įor fiscal 2022, net bookings are expected between $3.37 billion and $3.42 billion. Net bookings increased 6.4% to $866.1 million.įor fourth-quarter fiscal 2022, Take-Two expects GAAP net revenues between $835 million and $885 million. In the third quarter of fiscal 2022, Take-Two reported an increase of 4.9% year over year in net revenues to $903.3 million. The two new games released this month expands Take Two’s gaming portfolio, thereby increasing revenue and booking prospects for the current quarter.

Portfolio Strength to Aid Top-Line Growth The game featuring Rey Mysterio, the WWE superstar on its cover, also provides multiple new game modes and an immersive presentation and camera angles throughout. The game features a total overhaul, including a redesigned engine and gameplay, improved graphics, and intuitive and accessible controls. Take-Two keeps building upon its portfolio by innovating and adding content to franchises.Įarlier this month, Take-Two’s division 2K announced the newest installment of its flagship WWE video game franchise WWE 2K22, developed by Visual Concepts.

Undoubtedly, the upcoming game will strengthen Take-Two’s gaming portfolio that includes popular franchises like NBA, Grand Theft Auto (GTA) and Borderlands. This newest release is currently available on Xbox Series X|S, Xbox One, PlayStation5, PlayStation4 and PC via the Epic Games Store. Take-Two Interactive’s TTWO division 2K and Embracer Group’s subsidiary Gearbox software announced the availability of an all-new, fantasy-fueled looter shooter game from the unpredictable mind of Tiny Tina called Tiny Tina’s Wonderland.