Take-Two beats quarterly results estimates on healthy gamer spending

Quick Summary:

:Take-Two Interactive Software beat Wall Street expectations for second-quarter bookings and profit on Wednesday, boosted by the strong performance of the "Grand Theft Auto" and "Borderlands" franchises.

Shares of the New York-based company were up around 4 per cent in extended trading.

"GTA VI" is expected to be an instant hit, with several analysts predicting the game to generate billions of dollars in sales yearly.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Company Grand Estimates Billion Interactive Auto Bookings Take-two Theft Software Forecast

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 05:12:40 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 333 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 23453526

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 62 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

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Publisher ID: #27

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