Take-Two's Earnings and Bookings Guidance Shows How World Awaits 'Grand Theft Auto VI' -- Barrons.com
Dow Jones2026/08/07 12:19By Kit Norton
Take-Two Interactive Software, the videogame maker, held fiscal 2027 guidance steady even with the upcoming release of Grand Theft Auto VI.
For the quarter ended June 30, the parent of Rockstar Games, posted a net loss of $34.1 million, or 18 cents a share, narrower than Wall Street expectations for a loss of 20 cents.
Net bookings, or the amount of products and services sold digitally or physically during the period, fell 3% to $1.39 billion, just above the analyst consensus call for $1.36 billion, according to FactSet.
For fiscal 2027, Take-Two reiterated its forecast from May for net bookings of between $8 billion to $8.2 billion. Wall Street currently expects net bookings of $8.53 billion in fiscal 2027, according to FactSet.
Grand Theft Auto VI is scheduled to be released in November, which should be good news for Take-Two investors. Pre-orders began on June 25.
Take-Two stock gained 0.2% to $233 in premarket trading on Friday after ending Thursday down 1%. Shares of the videogame maker have fallen 9% this year.
Write to Kit Norton at kit.norton@barrons.com
This content was created by Barron's, which is operated by Dow Jones Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
August 07, 2026 08:19 ET (12:19 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Industry doubts Democrats’ effort to restart talks on stalled CLARITY Act: ‘It’s all talk!’
Bearish to 159! Ahead of Friday's Bank of Japan decision, Wall Street strategists collectively bet on a weaker yen
The swap market has fully priced in expectations of a Bank of Japan rate hike. Strategists warn that if the central bank's hawkish stance falls short of estimates, it could trigger a sell-off in the yen, with the exchange rate potentially dipping towards the 159 level in the short term.
Iran’s IRGC claims attack on Togolese oil tanker for 'illegal transit' in Strait of Hormuz
RBA's Bullock: At August board meeting, risks to outlook were skewed to the upside