Key facts
- Take-Two projected fiscal third-quarter bookings of $3.35 billion to $3.50 billion, against a $3.51 billion LSEG analyst average estimate.
- The LSEG estimate implied a near 100% jump in bookings, according to data compiled by the firm.
- Take-Two's outlook drew attention to demand for its title Grand Theft Auto VI, Reuters reported.
Take-Two Interactive said on November 9 that it expects bookings in its fiscal third quarter to be between $3.35 billion and $3.50 billion. Analysts' average estimate was $3.51 billion, according to data compiled by LSEG, a figure that implied a near 100% jump in bookings.
The projection, reported by Reuters, drew attention to demand for the videogame publisher's title Grand Theft Auto VI. The report did not give the company's prior-year bookings figure or the exact period covered by the fiscal third quarter.