What Take-Two Interactive Software (TTWO) Said on Its Q2 Earnings Call
Strauss Zelnick said preorders are running far above expectations as Take-Two kept its annual bookings forecast tied to the upcoming launch.
- On Monday, Take-Two Interactive raised its fiscal 2027 revenue forecast to $7.98 billion–$8.18 billion, as CEO Strauss Zelnick reported that "Grand Theft Auto VI" pre-orders are tracking "far in excess" of initial expectations ahead of the November 19 launch.
- Bookings fell 18% to $1.6 billion in a soft quarter where NBA 2K27 missed internal forecasts, with executives suggesting consumers are skipping recent titles to save money for the upcoming GTA VI.
- Sensor Tower estimated 7.71 million digital pre-orders worldwide as of November 3, while Sony and Microsoft confirmed GTA VI is the most pre-ordered game in the history of their digital stores, prompting both to open digital pre-loading early.
- To avoid launch day hiccups, players can now pre-load the title, which requires at least 212 GB of storage. Take-Two shares rose 4% in extended trading, reflecting investor confidence in the upcoming launch.
- Management maintains its $8 billion to $8.2 billion bookings outlook for fiscal 2027, positioning the November release as a foundational revenue driver. Zelnick expects the title to "set a new baseline" for the company's financial performance in coming years.
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92 Articles
Rockstar aims to raze with the launch of the game
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As the clock ticks inexorably toward November 19—a date known to gamers as “Grand Theft Auto VI Release Day” and to distressed and/or concerned employers as the day when innumerable employees are expected to take off work to mourn the totally unrelated deaths of their distant relatives—Sony Interactive Entertainment and Microsoft are encouraging players to preload their pre-ordered copies of GTA VI onto their consoles now to avoid potential down…
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With the hype for Grand Theft Auto 6 reaching a fever pitch this month, PlayStation has shared an astounding achievement that encapsulates consumer anticipation. The hotly anticipated follow-up from Rockstar is now the most pre-ordered game in PlayStation Store history. The news was shared via PlayStation’s official account on X. As of today, the game […]
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