Earnings ·
Take-Two Interactive Software reported fiscal first quarter 2027 results ending June 30, 2026
TTWOTake Two Interactive Software Inc
Take-Two Interactive Software reported fiscal first quarter 2027 results ending June 30, 2026. GAAP net revenue was $1.53 billion, while total Net Bookings decreased 3% to $1.39 billion. The company posted a GAAP net loss of $34.1 million, or $0.18 per share, compared to a net loss of $11.9 million in the prior year period. This decline included a $43.4 million impairment charge related to an unannounced title. Take-Two reiterated its full-year fiscal 2027 Net Bookings outlook of $8.0 to $8.2 billion and provided initial guidance for the second quarter ending September 30, 2026. The company operates in the interactive entertainment industry, developing and publishing video games.