What Take-Two Interactive Software (TTWO) Said on Its Q2 Earnings Call
Take-Two lifted its annual outlook after Sensor Tower estimated 9.69 million digital pre-orders for Grand Theft Auto VI, with higher-priced editions driving demand.
- On Monday, Take-Two Interactive raised its fiscal 2027 revenue guidance to $7.98 billion–$8.18 billion after CEO Strauss Zelnick cited Grand Theft Auto VI pre-orders as "far in excess" of expectations, lifting shares about 4% in after-hours trading.
- Bookings fell 18% to $1.60 billion in the September quarter, which management attributed to NBA 2K27 missing internal forecasts amid an "unusually busy" launch window with competing entertainment releases.
- Sensor Tower estimates digital pre-orders for Grand Theft Auto VI hit 9.69 million units worldwide as of November 10, worth $942 million, while Sony and Microsoft each confirmed record pre-order status on their stores.
- Maintaining a cautious stance, CEO Zelnick said the company "tend to avoid claiming success before it occurs," while reiterating the full-year net bookings outlook of $8 billion to $8.2 billion.
- Take-Two expects to deliver an "historic year" for fiscal 2027, with Grand Theft Auto VI launching November 19 on PlayStation 5 and Xbox Series X|S, plus cloud streaming for Xbox One devices.
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‘Grand Theft Auto VI’ becomes most pre-ordered game in PlayStation and Microsoft Store history - WSVN 7News | Miami News, Weather, Sports
Grand Theft Auto VI became the most pre-ordered game in PlayStation and Microsoft store history with over 9 million pre-orders, surpassing the initial expectations of its parent company, Take Two.
A historic development occurred on the PlayStation store. GTA VI was officially announced as the most-pre-ordered game ever.
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