Take-Two bookings drop 4% to $1.44B in September quarter as Rockstar teases next GTA
Take-Two Interactive reported its bookings fell 4% to $1.44 billion from a year ago for the second fiscal quarter ended September 30.
But the news of the day was that Sam Houser, head of Take-Two’s Rockstar Games label, announced that a trailer for the next Grand Theft Auto game will debut in early December, presumably at The Game Awards.
It’s fair to say that Grand Theft Auto VI — if that is indeed its title — is one of the most anticipated games of all time. Grand Theft Auto V debuted in 2013 and has sold 190 million copies to date. At retail, that’s about $11.1 billion in sales. In the quarter, GTA V sold another five million copies. In after-hours trading, Take-Two’s stock is up 2.46% to $147 a share.
“Our strong second quarter results, including Net Bookings of $1.4 billion, underscore the strength of our portfolio of iconic, industry-leading intellectual properties. During the period, our teams released new offerings, delivered engaging post-launch content, and advanced further the development of our eagerly-anticipated pipeline,” said Strauss Zelnick, Chairman and CEO of Take-Two, in a statement. “While we expect continued macroeconomic uncertainty, we believe that we are well positioned for the holiday season and are reiterating our fiscal 2024 Net Bookings guidance of $5.45 to $5.55 billion.”
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Zelnick added, “Looking ahead, I am optimistic about our Company’s multi-year growth trajectory and our ability to deliver long-term value for our shareholders. Our development pipeline is robust and diverse, and
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