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. (NASDAQ: TTWO) generates a steady flow of news through its activities as a developer, publisher, and marketer of interactive entertainment. Headquartered in New York City and operating principally through Rockstar Games, 2K, and Zynga, the company regularly issues updates on financial performance, product launches, partnerships, and corporate governance.
News for TTWO often centers on quarterly financial results and outlooks. The company publishes earnings releases that discuss Net Bookings, recurrent consumer spending, GAAP net revenue, and non-GAAP measures such as EBITDA, along with management commentary on the performance of core franchises and expectations for future periods. These announcements are typically accompanied by conference call details and slide decks referenced in SEC filings.
Another major category of Take-Two news involves game and content releases across its labels. Recent press releases have highlighted titles such as NBA 2K26, Borderlands 4, Mafia: The Old Country, and updates to Grand Theft Auto Online, as well as Zynga initiatives like Zynga Poker launching on Steam. These items describe platforms, editions, gameplay features, and post-launch content plans for console, PC, and mobile audiences.
Investors and followers of TTWO can also expect coverage of corporate events and governance matters, including announcements about the timing and format of the annual meeting of stockholders, investor presentations, and changes to incentive or deferred compensation plans disclosed via Form 8-K. Together, these updates provide insight into Take-Two’s operational focus, franchise activity, and corporate decision-making.
For those tracking TTWO, this news stream offers context on how the company’s labels, franchises, and financial metrics evolve over time. Regularly reviewing Take-Two’s news can help readers understand developments in its interactive entertainment portfolio and the factors management highlights in its public communications.
Take-Two Interactive Software (NASDAQ: TTWO) announces that Strauss Zelnick, Chairman and CEO, will present at the Exane BNP Paribas 23rd European CEO Conference on June 7, 2021, at 8:00 a.m. ET. A live webcast link will be available on the Company’s website, with a replay archived afterward. Take-Two Interactive, based in New York City, is a prominent developer and publisher of interactive entertainment, known for titles from Rockstar Games and 2K. For more information, visit www.take2games.com.
Take-Two Interactive Software reported strong fourth quarter and fiscal year 2021 results, with GAAP net revenue rising 10% to $839.4 million. Recurrent consumer spending surged 38%, contributing 67% to total revenue. Digitally-delivered revenue grew 19% to $753.3 million, accounting for 90% of total revenue. GAAP net income increased 78% to $218.8 million, or $1.88 per diluted share. The impressive performance was driven by major titles like NBA 2K21, Grand Theft Auto Online, and Red Dead Redemption 2.
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Take-Two Interactive (NASDAQ: TTWO) collaborates with USC Games to create The Gerald A. Lawson Endowment Fund, aimed at enhancing Black and Indigenous representation in the gaming and tech industries. The Fund will support undergraduate and graduate students in game design and computer science at USC. Take-Two is the inaugural industry partner, contributing significantly to the Fund, which also seeks additional support from other companies. The initiative will be highlighted at the upcoming USC Games Expo on May 15, 2021.
Take-Two Interactive Software (NASDAQ: TTWO) will report its financial results for Q4 and fiscal year 2021 on May 18, 2021, after market close. The conference call to discuss these results is scheduled for 4:30 p.m. ET, accessible via phone or a live webcast. The company is known for developing and publishing well-known games through its brands like Rockstar Games and 2K.
Private Division and Roll7 announced the digital launch of OlliOlli World for multiple platforms this winter during Take-Two's fiscal year 2022. This skateboarding game represents a new direction for the franchise, featuring a vibrant world called Radland. Players can customize characters and explore diverse levels with a refined gameplay experience. The game promises a balance of accessibility for newcomers and depth for seasoned players. Roll7's Co-CEO emphasized the aim to celebrate skateboarding culture in this ambitious evolution of the series.
2K has acquired the Austin-based video game division of HookBang, which will be integrated into Visual Concepts, the studio behind the NBA 2K franchise. This strategic acquisition aims to bolster the development team in Austin and enhance support for NBA 2K and other publishing ventures. The new studio will hire hundreds of developers and operate from a new location in the Austin area. The financial terms of the deal remain undisclosed, marking a continued effort by 2K to expand its interactive entertainment offerings.
Private Division and Obsidian Entertainment have released The Outer Worlds: Murder on Eridanos, the second expansion for their acclaimed RPG. Available on PlayStation 4, Xbox One, and PC, it will also launch on Nintendo Switch later. Players can engage in a murder mystery, utilizing new gameplay mechanics and dialogue options. The expansion raises the level cap and introduces new weapons and armor. Priced at $14.99 individually or $24.99 with the first expansion, it builds upon the original's success and is aimed at enhancing player choice and story depth.
2K has announced a long-term partnership with Tiger Woods, including exclusive rights to his name and likeness in the PGA TOUR 2K franchise. Additionally, 2K will acquire HB Studios Multimedia Ltd., developers of PGA TOUR 2K21. This acquisition is expected to finalize in Q1 2021, enhancing 2K's portfolio in sports gaming. Financial terms were not disclosed. The partnership aims to leverage Woods' iconic status in golf to strengthen the franchise, with Woods taking on an Executive Director role.
Take-Two Interactive Software (NASDAQ:TTWO) announced that CEO Strauss Zelnick will present at the Morgan Stanley Technology, Media & Telecom Conference on March 3, 2021, at 11:45 a.m. Eastern Time. A live webcast will be available on the Company's website, with an archived replay following the event.
Take-Two is a leading developer and publisher of interactive entertainment, operating through brands like Rockstar Games and 2K. The Company emphasizes diverse product delivery, including digital platforms and cloud streaming services.