NasdaqGS:TTWOEntertainment
Does GTA VI-Fueled Guidance Amid Q1 Losses Change The Bull Case For Take-Two (TTWO)?
Take-Two Interactive Software reported past first-quarter 2026 results with net revenue of US$1.53 billion, up modestly year on year, but recorded a net loss of US$34.1 million as impairment charges weighed on profitability while management reaffirmed guidance tied to the November launch of Grand Theft Auto VI.
The company also issued new quarterly and updated full-year guidance, highlighting strong Grand Theft Auto VI pre-order momentum and resilient NBA 2K engagement even as mobile...