Take-Two Interactive’s net bookings fell 18% year over year to $1.60B for the second quarter, failing to meet the $1.66B estimated by analysts. Despite the miss in bookings and a 15% drop in quarterly revenue to $1.50B, the publisher confirmed the release date for Grand Theft Auto VI as Nov 19, 2026, noting that pre-orders for the title have already reached unprecedented levels.
The company reported a loss of $0.29 per share for the period, which was narrower than the projected loss of $0.86. Take-Two reaffirmed its full year 2027 net bookings outlook of $8.0B to $8.2B, though the range remains below the $8.57B forecast by analysts. For the third quarter, the company projects net bookings between $3.35B and $3.5B.
