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Mar 31, 2020
Take-Two Q4 2020 Earnings Report
Take-Two reported strong Q4 2020 earnings, driven by digital revenue and recurrent consumer spending.
Key Takeaways
Take-Two Interactive Software, Inc. reported strong results for its fourth quarter and fiscal year 2020, ended March 31, 2020. GAAP net revenue grew 41% to $760.5 million. GAAP net income grew 116% to $122.7 million, or $1.07 per diluted share. Total Net Bookings grew 49% to $729.4 million.
GAAP net revenue grew 41% to $760.5 million.
Digitally-delivered GAAP net revenue grew 54% to $634.7 million, accounting for 83% of total GAAP net revenue.
GAAP net income grew 116% to $122.7 million, or $1.07 per diluted share.
Total Net Bookings grew 49% to $729.4 million.
Take-Two
Take-Two
Forward Guidance
Take-Two provided its initial outlook for its fiscal first quarter ending June 30, 2020 and its fiscal year ending March 31, 2021.