Take-Two Q1 Sales Beat, Guidance Up; 'Most Ambitious Pipeline' Includes GTA VI

Video game company Take-Two Interactive Software (NASDAQ:TTWO) reported first-quarter financial results after market close Thursday.

Here are the highlights.

What Happened: Take-Two reported first-quarter net bookings of $1.42 billion, up 17% year-over-year. The bookings beat a Street consensus estimate of $1.31 billion, according to data from Benzinga Pro.

The company reported that net bookings from recurring consumer spending increased 17% year-over-year, accounting for 83% of all net bookings in the quarter.

The key contributors to net bookings were "NBA 2K25," "Grand Theft Auto V," "Grand Theft Auto Online," "Toon Blast," "Match Factory," "Color Block Jam," "Empires & Puzzles," "Red Dead Redemption 2," "Red Dead Online," "Words ...