Take-Two fans will be searching for any mention of the sixth official installment of the "Grand Theft Auto" franchise when the company reports...
Take-Two Interactive Software Inc. fans may be searching for any mention of the sixth official installment of the “Grand Theft Auto” franchise, but some investors may focus on any bump from mobile ads given results from ad-monetization software companies last week.
Take-Two TTWO is scheduled to report fiscal fourth-quarter results after the close of markets Wednesday. For the first quarter, analysts expect an unadjusted loss of 19 cents a share on revenue $1.42 billion and net bookings of $1.29 billion. For fiscal 2024, the Street estimates an unadjusted loss of $1.37 a share on revenue of $6.16 billion and net bookings of $6.13 billion.Soft ad spending was expected this earnings season, but then, last week, both Unity Software Inc. U and AppLovin Corp.
McKay said he expects Take-Two to guide revenue to around $5.6 billion for the year “and unless management confirms a big Rockstar title in the foreseeable future, we expect Take-Two shares to come under pressure.”
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Two women killed in two-car crash in Bay Terraces neighborhoodTwo women were killed in a hit-and-run crash in the Bay Terraces neighborhood early Sunday morning, according to the San Diego Police Department.
Les mer »
Fire damages garage, interior of Dauphin County homeTwo children and two adults were able to evacuate the home.
Les mer »
Postal service hits back at crime such as mail theft and postal fraudThe Postal Service and its law enforcement arm announced numerous new preventative measures are rolling out, a move meant to hit back at various mail-related crimes it has been dealing with.
Les mer »
USPS takes action to curb mail theft and robberies as incidents riseFinancial fraudsters are targeting postal workers to steal their mailbox keys, so USPS is trying something new
Les mer »
Fighting back against theft: One Seattle's man unique approach to crimeWhen Joe Lovenduski sees a rig show up, his suspicion kicks in. Last July that was the case when a pleasure boat showed up in front of his neighbor's home.
Les mer »