Take-Two Interactive Software program, Inc. (NASDAQ: TTWO) reported a wider web loss, on a reported foundation, for the primary quarter of 2025, regardless of the gaming large’s revenues rising year-over-year. The highest line additionally beat estimates.
June quarter revenues elevated to $1.34 billion from $1.28 billion within the corresponding quarter final 12 months and got here in above analysts’ forecast. Web bookings had been $1.22 billion in the course of the quarter, in comparison with $1.20 billion final 12 months.
The corporate reported a web lack of $262 million or $1.52 per share for the primary quarter, in comparison with a lack of $206 million or $1.22 per share within the prior-year quarter.