Take-Two Q4 net loss $2.90 billion; FY2025 bookings outlook $5.55-$5.65 billion
Take-Two reported fourth-quarter fiscal 2024 Net Bookings of $1.35 billion, down 3% from a year earlier, and a GAAP net loss of $2.90 billion, or $17.02 per share, driven largely by a $2.18 billion goodwill impairment. The company also gave initial fiscal 2025 guidance of $5.55 to $5.65 billion in Net Bookings and said the Grand Theft Auto VI window has narrowed to the fall of calendar 2025.
- Q4 fiscal 2024 GAAP net revenue fell 3% to $1.40 billion; GAAP net loss was $2.90 billion, versus $610.3 million a year earlier
- Fiscal 2024 Net Bookings rose 1% to $5.33 billion; GAAP net loss for the year was $3.74 billion, or $22.01 per share
- Grand Theft Auto VI release window narrowed to Fall of Calendar 2025, from Calendar 2025, per the filing