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Take-Two published its financials for the first quarter of 2024-2025, and the publisher is “steady” as its larger videogames loom on the horizon.
Both web reservations and web earnings saw small increases for the quarter ending June 30,2024 Bookings came to $1.22 billion (up 1 percent from the exactsame duration last financial year) and income grew by 4 pecent to $1.34 billion.
Primary earnings motorists for both metrics consistof NBA 2K24, Grand Theft Auto V and Online, and Words With Friends. However, customer costs for both 2K24 and GTA Online were down compared to previous years.
More considerably, Take-Two’s internet loss grew to $262 million, a evenmore decrease from the $206 million loss in last year’s Q1. More losses are expected, however CEO Strauss Zelnick anticipates “sequential” web reservation increases for the 2026 and 2027 financial years.
Speaking to the future, Zelnick included the business “remains positive in our course forward. […] Our core franchises stay dynamic, and our groups are difficult at work on the most enthusiastic advancement pipeline in our history.”
In its listings for upcoming videogames, Take-Two formally pinned Grand Theft Auto VI down for a fall 2025 window. It’s been formerly reported that the videogame might possibly slip to 2026, a issue that stimulated Rockstar’s return-to-office required.
Along with GTA 6, Take-Two is intending for 24 launches over the next 2 financial years. Firaxis’ Civilization VII is anticipated to release atsomepoint previously March 2025, while other titles consistof Judas, NBA 2K25, and Tales of the Shire.