Summary by Moomoo AI
Take-Two Interactive reported Q2 fiscal 2025 Net Bookings of $1.47 billion, reaching the top end of guidance, driven by strong performance from Grand Theft Auto and Borderlands franchises. The company posted a GAAP net loss of $365.5 million, or $2.08 per share, showing improvement from last year's $543.6 million loss.Digital online channels generated 96% of net revenue, while mobile platforms contributed 55% of total revenue. The company maintained its fiscal 2025 Net Bookings guidance of $5.55-5.65 billion, with operating cash flow expected at negative $200 million.Looking ahead, Take-Two confirmed Grand Theft Auto VI will launch in Fall 2025, alongside other major titles including Borderlands 4 and Mafia: The Old Country in fiscal 2026. Management expressed confidence in achieving record Net Bookings levels in fiscal years 2026 and 2027.
