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Today: January 15, 2025
Today: January 15, 2025

Take-Two forecasts fourth-quarter net bookings below expectations

Technology
Grand Theft Auto The Trilogy by Take-Two Interactive Software Inc is seen for sale in a store in Manhattan, New York City
April 26, 2024
Reuters - Reuters

(Reuters) - Take-Two Interactive Software forecast fourth-quarter bookings below market expectations on Thursday, on signs of weak demand for the company's gaming titles such as "Grand Theft Auto".

The company forecast bookings in the range of $1.27 billion to $1.32 billion, compared with analysts' expectations of $1.51 billion, according to LSEG data.

(Reporting by Zaheer Kachwala in Bengaluru; Editing by Shinjini Ganguli)

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