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Take-Two Interactive forecasts second-quarter bookings below estimates
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Take-Two Interactive forecasts second-quarter bookings below estimates
Aug 8, 2024 1:51 PM

Aug 8 (Reuters) - Videogame publisher Take-Two

Interactive Software ( TTWO ) forecast second-quarter bookings

below Wall Street expectations on Thursday, hit by sluggish

spending on its popular titles such as "Grand Theft Auto" and

"NBA 2K" in an uncertain economy.

The company expects bookings to be between $1.42 billion and

$1.47 billion for the second quarter, while analysts on average

estimate $1.47 billion, according to LSEG data.

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