Take-Two Interactive Reports $1.39 Billion in Q1 Sales as ‘Grand Theft Auto VI’ Preorders Shatter Industry Records Despite Widening Losses
Executive Overview Video game giant Take-Two Interactive has reported a robust financial performance for the first quarter of its fiscal year, pulling in $1.39 billion in net bookings during a window defined by the much-anticipated launch of presales for Grand Theft Auto VI. Despite the stellar commercial momentum generated by its flagship franchise, the company’s…