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Mar 31, 2024
Take-Two Q4 2024 Earnings Report
Take-Two's Q4 2024 results showed strong performance, with net bookings exceeding guidance, but a significant GAAP net loss was reported due to impairment charges.
Key Takeaways
Take-Two Interactive Software, Inc. reported Q4 results with Net Bookings of $1.35 billion, exceeding the high end of their guidance. However, the company reported a GAAP net loss of $2.90 billion, primarily due to impairment charges. The company is narrowing Rockstar Games' previously established window of Calendar 2025 to Fall of Calendar 2025 for Grand Theft Auto VI.
Net Bookings decreased 3% to $1.35 billion compared to the previous year.
GAAP net revenue decreased 3% to $1.40 billion year-over-year.
GAAP net loss was $2.90 billion, or $17.02 per share, compared to a net loss of $610.3 million, or $3.62 per share, in the prior year.
The company expects Net Bookings of $5.55 to $5.65 billion for fiscal year 2025.
Take-Two
Take-Two
Take-Two Revenue by Geographic Location
Revenue by Geographic Location
United States Revenue
CapyFin.comInternational Revenue
CapyFin.com Forward Guidance
Take-Two is providing its initial outlook for the fiscal year ending March 31, 2025 and fiscal first quarter ending June 30, 2024.
Revenue & Expenses
Visualization of income flow from segment revenue to net income