Take-Two Interactive Software program, Inc. (NASDAQ: TTWO) reported a narrower web loss for the primary quarter of 2026, because the gaming big’s revenues elevated year-over-year. The highest line additionally beat estimates.
June quarter revenues elevated to $1.50 billion from $1.34 billion within the corresponding quarter final yr and got here in above analysts’ forecast. Internet bookings have been $1.42 billion throughout the quarter, in comparison with $1.22 billion final yr.
The corporate reported a web lack of $11.9 million or $0.07 per share for the primary quarter, in comparison with a lack of $262.0 million or $1.52 per share within the prior-year quarter.
Strauss Zelnick, CEO of Take-Two Interactive, mentioned, “Our excellent first quarter outcomes mirror ongoing demand for our core franchises and the more and more diversified, profitable nature of our enterprise. We’re elevating our Fiscal Yr 2026 Internet Bookings outlook to $6.05 to $6.15 billion because of our robust begin to the fiscal yr.”
