06:06 AM EST, 11/07/2025 (MT Newswires) -- (Updates to include Take-Two Interactive Software's ( TTWO ) recent stock movement in the headline and first paragraph, and details on the launch of Grand Theft Auto VI in the last paragraph.)
Take-Two Interactive Software ( TTWO ) shares were down more than 4% in recent premarket activity Friday after the company announced its fiscal Q2 results and the delayed launch of the Grand Theft Auto VI game.
The company reported a fiscal Q2 loss late Thursday of $0.73 per diluted share, narrower than a loss of $2.08 a year earlier.
Analysts polled by FactSet expected a per-share loss of $0.64.
Net revenue for the quarter ended Sept. 30 was $1.77 billion, up from $1.35 billion a year earlier.
The company said it expects a fiscal Q3 net loss per share between $0.49 and $0.35 and net revenue between $1.57 billion and $1.62 billion. Analysts polled by FactSet expect a loss of $0.55 per share.
The company expects a fiscal 2026 net loss per share between $2.25 and $1.90 and net revenue between $6.38 billion and $6.48 billion. The previous guidance was for a net loss per share between $2.40 and $2.05 and net revenue between $6.10 billion and $6.20 billion.
Analysts surveyed by FactSet expect a loss of $1.99 per share.
Take-Two Interactive Software ( TTWO ) also said the Grand Theft Auto VI game is now set to be launched on Nov. 19, past its previously announced launch date of May 26.
Price: 241.00, Change: -11.40, Percent Change: -4.52