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Jun 30, 2020
Take-Two Q1 2021 Earnings Report
Reported strong results, with GAAP net revenue growing and net bookings reaching a fiscal first quarter record.
Key Takeaways
Take-Two Interactive reported strong results for fiscal first quarter 2021, with GAAP net revenue increasing by 54% to $831.3 million and Net Bookings growing by 136% to $996.2 million. The company raised its outlook for fiscal year 2021.
GAAP net revenue grew 54% to $831.3 million, a fiscal first quarter record.
GAAP net income per diluted share increased 88% to $0.77.
GAAP net cash provided by operating activities increased 310% to $445.4 million.
Net Bookings grew 136% to $996.2 million, a fiscal first quarter record.
Forward Guidance
Take-Two is providing its initial outlook for its fiscal second quarter ending September 30, 2020 and increasing its outlook for the fiscal year ending March 31, 2021
Historical Earnings Impact
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Avg. Return Before/After Earnings
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