Take-Two Interactive Surpasses Q4 Revenue Forecasts, Fueled by Strong Franchise Performance and GTA VI Momentum
Video game giant Take-Two Interactive (NASDAQ: TTWO) reported fourth-quarter revenue of $1.70 billion, a 24.9% year-over-year increase that exceeded analyst expectations. The company also provided an optimistic outlook for the coming quarter, with guidance above consensus estimates, despite posting a GAAP loss per share.