Take-Two Interactive (TTWO) Stock Dips After Q1 Earnings as GTA VI Hype Builds

TLDR

• Q1 net bookings came in at $1.39 billion, down 3% year-over-year but above analyst estimates of $1.37 billion
• Total net revenue rose 2% to $1.53 billion, beating the $1.49 billion consensus
• Full-year FY2027 net bookings guidance reiterated at $8.0–$8.2 billion, well below Wall Street’s $8.62 billion expectation
• Console net bookings jumped 11% to $525.2 million; mobile fell 7% to $739.5 million
• Grand Theft Auto VI is set for a November 19 launch, with pre-orders open since June 25

Take-Two Interactive stock slipped around 2% after the company posted Q1 results that beat top-line estimates but came with guidance that fell short of what Wall Street was hoping for.

Take-Two Interactive Software, Inc., TTWO

For the quarter ended June 30, net bookings reached $1.39 billion, down 3% year-over-year but ahead of analyst estimates. Total net revenue climbed 2% to $1.53 billion, also beating expectations. The stock was trading around $233 in premarket Friday, after closing down 1% Thursday. TTWO is down roughly 9% year-to-date.

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