Take-Two 2025 Guidance Misses Estimates; Shares Slip After-Market

moomoo news with Bloomberg ·  May 16 16:13

Take-Two shares slipped in after-market trading after the company provided 2025 guidance that missed analysts' estimates.

The company predicted net bookings reaching $5.55 billion to $5.65 billion in the fiscal year in March 2025. That missed the Bloomberg consensus estimate of $6.92 billion.

Adjusted earnings before interest, taxes, depreciation and amortization was seen reaching $746 million to $800 million, missing the estimate of $1.23 billion.

Net revenue for the full year was seen reaching $5.57 billion to $5.67 billion, while net loss was projected at $606 million to $674 million.

For the fourth quarter ended March 31, the company posted a loss of $2.9 billion or $17.02 per share. Net revenue declined 3% to $1.4 billion for the quarter, while net bookings fell 3% to $1.35 billion.

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