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Take-Two Reports Solid Earnings and Explains GTA VI Delay

  • Take-Two Interactive reported strong fiscal 2025 earnings on May 2, 2025, but delayed Grand Theft Auto VI's release to May 26, 2026.
  • The delay stemmed from the need for additional polish as GTA VI approached completion, pushing the release outside the current financial year.
  • The delay negatively impacted short-term financial outlook despite solid revenue growth and upcoming releases like Borderlands 4 and Mafia: The Old Country.
  • Take-Two recorded $1.58 billion in Q4 net bookings, a 17% increase year-over-year, but took a $3.55 billion goodwill impairment charge, deepening the GAAP net loss.
  • The company expects fiscal 2026 net bookings of $5.9 to $6 billion, foresees no GTA VI revenue boost that year, but remains optimistic about record net bookings in fiscal 2027.
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TV Azteca broke the news in on Wednesday, May 14, 2025.
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