Take-Two Interactive Software, Inc. reported its fiscal third-quarter 2025 results on February 6, 2025, for the period ended December 31, 2024. The company announced net bookings of $1.37 billion, which was within its guidance range but missed analyst estimates of $1.39 billion. Adjusted earnings per share, however, beat estimates at 72 cents per share against an expected 57 cents.
Recurrent consumer spending grew 9% year-over-year and accounted for 79% of total net bookings, driven by strong performance in NBA 2K, which helped offset moderation in several mobile franchises. The company's operating results surpassed expectations due to NBA 2K's upside and a shift in expense timing.
For the fourth quarter of fiscal 2025, Take-Two forecast bookings below Wall Street expectations. The company reiterated its full-year fiscal 2025 net bookings guidance of $5.55 billion to $5.65 billion. Upcoming titles for calendar year 2025 include Sid Meier’s Civilization VII, Mafia: The Old Country, Grand Theft Auto VI, and Borderlands 4.
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