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What will be the impact of GTA VI release on Take-Two's stock price?
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Take-Two Confirms GTA VI Release in Fall 2025 With No Delays Amid Strong Q2 Earnings
Nov 6, 2024, 09:20 PM
Take-Two Interactive has announced in its latest earnings report that Grand Theft Auto VI is still on track for a Fall 2025 release with no delays. The company reported a 4% increase in GAAP net revenue to $1.35 billion and a 2% growth in total net bookings to $1.47 billion for the fiscal second quarter of 2025. Despite these gains, Take-Two posted a GAAP net loss of $365.5 million. The company's biggest franchises, including Grand Theft Auto V, have achieved new sales milestones, with GTA V exceeding expectations.
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