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Dec 31, 2019
Take-Two Q3 2020 Earnings Report
Reported results for the fiscal third quarter 2020.
Key Takeaways
Take-Two Interactive reported GAAP net revenue of $930.1 million and Net Bookings of $888.2 million for the fiscal third quarter 2020. The company's operating results were within its increased outlook.
GAAP net revenue was $930.1 million.
Recurrent consumer spending increased 15% and accounted for 37% of total GAAP net revenue.
Digitally-delivered GAAP net revenue increased to $700.3 million, accounting for 75% of total GAAP net revenue.
Total Net Bookings were $888.2 million.
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Take-Two Revenue by Segment
Forward Guidance
Take-Two is providing its initial outlook for its fiscal fourth quarter ending March 31, 2020 and is adjusting its outlook for the fiscal year ending March 31, 2020.