Summary by Moomoo AI
Take-Two Interactive Software, Inc. (Take-Two) reported an increase in Net Bookings for the three and six months ended September 30, 2024, with a 2.1% and 1.8% rise respectively compared to the same periods in the previous year. The company's total net revenue also saw an increase of 4.1% for the three months and 4.2% for the six months ended September 30, 2024. However, Take-Two experienced a net loss of $365.5 million and $627.5 million for the respective three and six-month periods, which was an improvement from the previous year's losses. The company's financial performance was affected by business reorganization expenses, including title cancellations and employee-related costs.
In terms of business development, Take-Two continues to be a leading developer, publisher, and marketer...Show More
