Take-Two Implements Further Cost-Cutting Measures Amid 3% Decline in Q3 Sales
Take-Two has released its Q3 financial results, revealing a 3% year-over-year decline in sales, but still managing to surpass its guidance. The company reported net revenue of $1.37 billion and a net loss of $91.6 million, its smallest quarterly loss since the acquisition of Zynga in May 2022. Key performers for the quarter included Grand Theft Auto 5, Red Dead Redemption, and Zynga's titles, alt…
Feb. 8, 2024, 9:32 p.m.