Take-Two Interactive Software, Inc. provided earnings guidance for the second quarter ending September 30, 2022. For the quarter, the company's GAAP net revenue is expected to range from $1.37 billion to $1.42 billion, GAAP net loss is expected to range from $160 million to $144 million and GAAP net loss per share is expected to range from $0.96 to $0.86.
Take-Two Interactive Software, Inc. is one of the leading global developers, publishers and distributors of interactive entertainment products for, smartphones and tablets (52.2% of net sales), video game consoles (37.3%) and personal computers (10.5%). The group's products are sold under the Rockstar Games, 2K and Zynga brands. Revenue by channel breaks down as follows:
- Internet (96.4%): online platforms, digital downloads and the cloud;
- stores (3.6%).
The United States account for 60.5% of net sales.
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