Take-Two Interactive Software (TTWO) has seen a series of notable events in its recent fiscal and operational performance. The company’s FY 2025 outlook and Q4 results led to a drop in its share price. The delay of the much-anticipated 'Grand Theft Auto 6' until late 2025 added to the market's reactions. Although TTWO reported a widened loss for Q4, it surpassed quarterly revenue estimates despite fiscal challenges. TTWO's Q1 results showed a beat on revenue, but full-year sales guidance missed expectations. Investors have seen a decent return of 40% over the past five years. Forecasts suggest a mixed sentiment among analysts with a consensus recommendation of “Moderate Buy”. The company reported a strategic SWOT insight and a cost reduction plan which includes a 5% staff cut. Acquisitions and partnerships efforts are in progress, such as the purchase of 21,880 shares by Mitsubishi UFJ Asset Management, and the acquisition of The Gearbox Entertainment Company. TTWO also plans to launch a new game in collaboration with Moon Studio.
Take-Two Interactive Software TTWO News Analytics from Fri, 20 Oct 2023 07:00:00 GMT to Thu, 16 May 2024 22:00:03 GMT -
Rating 2
- Innovation 6
- Information -1
- Rumor -4