Take-Two FY3Q results down as NBA 2K24 and mobile ads fall short

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Take two Interactive reported results For THE third tax quarter finished December 31 that fell short of It is expectations as mobile ads And NBA 2K24 income were lower that expected.

As A result of THE miss to win, Take two said that he East planning A cost reduction program that East more extensive that THE A he undertaken last year In THE wake up of It is $12.7 billion acquisition of Zynga. That language pretty a lot spells layoffs are future, as they to have For a lot of THE game industry lately.

Fortunately For Take two, It is Rock star Games label East planning has launch Grandiose Flight Auto VI, most likely In THE 2025 tax year, which ends March 31, 2025. Rock star released A trailer For THE game that hit 93 million views on Youtube In It is First of all 24 hours. THE previous GTA V spear more that ten years there is.

In after hours trade, Take two action East down 5.9% has $159.50 A share. Take two East estimated has $28.8 billion.

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As of December 31, Take two effective was on 12,200, including on 9,500 internally development studio staff. A year There is, Take two reduced a few of It is effective as part of A $50 million cost reduction program.

Net reservations For THE quarter were $1.34 billion, down 3% Since $1.38 billion For THE even quarter A year There is. Take two had A new launch with Zynga Match Factory! In THE quarter, but most of THE income came In Since existing titles.

Take two said Grandiose Flight Auto V (NOW has 195 million copies sold) And Grandiose Flight Auto Online, Red Dead Redemption series, And Cartoon Blast all came In above expectations.

Strauss Zelnick, CEO of Take-Two Interactive. Take two Interactive chief executive Strauss Zelnick.

"We reached solid third quarter results, including Net Book...

Take-Two FY3Q results down as NBA 2K24 and mobile ads fall short

Are You look has showcase your brand In in front of THE game industry high leaders? Learn more about GamesBeat Summit sponsorship opportunities here.

Take two Interactive reported results For THE third tax quarter finished December 31 that fell short of It is expectations as mobile ads And NBA 2K24 income were lower that expected.

As A result of THE miss to win, Take two said that he East planning A cost reduction program that East more extensive that THE A he undertaken last year In THE wake up of It is $12.7 billion acquisition of Zynga. That language pretty a lot spells layoffs are future, as they to have For a lot of THE game industry lately.

Fortunately For Take two, It is Rock star Games label East planning has launch Grandiose Flight Auto VI, most likely In THE 2025 tax year, which ends March 31, 2025. Rock star released A trailer For THE game that hit 93 million views on Youtube In It is First of all 24 hours. THE previous GTA V spear more that ten years there is.

In after hours trade, Take two action East down 5.9% has $159.50 A share. Take two East estimated has $28.8 billion.

FR Event

GamesBeat Summit Call For Speakers

Were thrilled has open OUR call For speakers has OUR flagship event, GamesBeat Summit 2024 hosted In The bone Angeles, Or We will explore THE theme of "Resilience And Adaptation.”

Apply has talk here

As of December 31, Take two effective was on 12,200, including on 9,500 internally development studio staff. A year There is, Take two reduced a few of It is effective as part of A $50 million cost reduction program.

Net reservations For THE quarter were $1.34 billion, down 3% Since $1.38 billion For THE even quarter A year There is. Take two had A new launch with Zynga Match Factory! In THE quarter, but most of THE income came In Since existing titles.

Take two said Grandiose Flight Auto V (NOW has 195 million copies sold) And Grandiose Flight Auto Online, Red Dead Redemption series, And Cartoon Blast all came In above expectations.

Strauss Zelnick, CEO of Take-Two Interactive. Take two Interactive chief executive Strauss Zelnick.

"We reached solid third quarter results, including Net Book...

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