For more financial news out of the video game industry, Shacknews has the information you need. That said, you can likely expect new content for GTA Online, a new NBA 2K game, and other publishing efforts from the company. Grand Theft Auto publisher Take-Two Interactive is getting ready to hold its own interactive panel later today (June 14), although no new game announcements are expected. With Take-Two Interactive projecting a pretty lukewarm fiscal year for revenue, you can probably put to bed those hopes that GTA 6 would get a surprise reveal and release by the end of the year. This is likely due to the fact that the company beat revenue expectations for the quarter, despite the disappointing guidance. Take-Two has made an official statement on the hacking incident to its investors. It reached as high as $139.15 per share in after-hours trading after ending the day at $125.02. Take-Two Interactive take charge on the GTA 6 leak incident. Could FY 2025 (calendar year 2024) be the year that GTA 6 comes out? Take-Two Interactive stock snapshot on May 17, 2023.įollowing the release of the earnings report, Take-Two Interactive's (TTWO) stock skyrocketed. For FY 2025, the company is projecting over $8 billion in net revenue, a stark contrast from FY 2024. Take-Two Interactive is an American video game holding company parent to Rockstar Games and 2K. It's worth noting that Take-Two Interactive did share some projections beyond 2024. It’s undoubtedly one of the most anticipated upcoming video games, and if Take-Two was expecting it to release in FY 2024, guidance would likely be much higher. This guidance gives us reason to believe that GTA 6 won’t be coming out within the next year. This is considerably lower than the analyst expectation of $6.1 billion for the year. Take-Two has stated that its GAAP net revenue is expected to range from $5.37 to $5.47 billion. In Take-Two Interactive’s Q4 2023 earnings report, the company provides guidance for the upcoming fiscal year 2024. Rockstar parent company Take-Two Interactive has reiterated that development on GTA 6 is 'well underway,' and says that the devs have some especially bold aims for the next entry in the Grand. However, it’s far lowing than analysts were expecting, likely signaling that the publisher has no plans to release GTA 6 anytime this year. Massive game publisher Take-Two Interactive revealed that it will continue to update Grand Theft Auto Online well into the lifespan of the PlayStation 5 and Xbox Series X. Take-Two has provided guidance for the upcoming fiscal year. While the report primarily chronicles the company’s performance over the past few months, it also looks to the future. Rockstar parent company Take-Two Interactive has reiterated that development on GTA 6 is 'well underway,' and says that the devs have some especially bold aims for the next entry in the. Take-Two Interactive (TTWO) has shared its earnings report for Q4 2023.
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