Welcome to our dedicated page for Take-Two Interactive Software news (Ticker: TTWO), a resource for investors and traders seeking the latest updates and insights on Take-Two Interactive Software stock.
Take-Two Interactive Software Inc. develops, publishes, and markets interactive entertainment through Rockstar Games, 2K, and Zynga. News about TTWO commonly covers earnings releases, Net Bookings, product launch timing, and updates across console, PC, and mobile platforms.
Recurring company developments include releases and content updates for franchises such as Grand Theft Auto, NBA 2K, WWE 2K, Red Dead Redemption, Borderlands, and Zynga mobile titles including Words With Friends, Zynga Poker, Two Dots, and FarmVille 3. Coverage also includes brand and media partnerships, investor conference appearances, live-service activity, and management commentary on the company’s publishing pipeline.
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Take-Two Interactive Software (NASDAQ: TTWO) has announced it will report its financial results for the fourth quarter and fiscal year 2023, which ended March 31, 2023, after the market closes on May 17, 2023. A conference call to discuss the results is scheduled for 4:30 p.m. Eastern Time on the same day, accessible by calling (877) 407-0984 or (201) 689-8577. Shareholders and interested parties can also access a live webcast through Take-Two’s investor relations website. The company, known for brands like Rockstar Games and 2K, develops and publishes interactive entertainment across platforms including consoles, PC, and mobile.
Take-Two Interactive Software (TTWO) announced an underwritten public offering of $1 billion in Senior Notes. The offering includes $500 million of 5.000% Senior Notes due 2026 and $500 million of 4.950% Senior Notes due 2028. The net proceeds will be used to repay a $350 million term loan due June 21, 2023, with the remainder allocated for general corporate purposes, including repurchasing outstanding debt. Closing is expected on April 14, 2023, pending customary conditions. Major finance firms J.P. Morgan, Wells Fargo, BNP Paribas, and BofA Securities are managing the offering. This transaction is part of Take-Two's strategy to manage its capital structure effectively.
2K and the LEGO Group have announced the release of LEGO® 2K Drive, a new AAA driving adventure game, set to launch on May 19, 2023, worldwide. Developed by Visual Concepts, the game features a vast open world where players can build vehicles and compete in races. This title marks the beginning of a multi-title partnership between 2K and LEGO. Players can choose from three editions: Standard at $59.99, Awesome at $99.99, and Awesome Rivals at $119.99. Pre-orders are available now, with bonuses for early purchases.