TECH - Take-Two to Expand Portfolio With Upcoming Video Game | Benzinga
Take-Two Interactive Software (NASDAQ: TTWO) is expected to benefit from the continued expansion of its gaming portfolio.
Take-Two plans to launch 16 games in the current year. The company aims to innovate and offer some fresh and exciting games for gamers to enjoy. This plan would further solidify its gaming portfolio and boost its net bookings.
The Zacks Consensus Estimate for TTWO's fiscal 2025 total net bookings is pegged at $6.12 billion, indicating year-over-year growth of 14.9%. The Zacks Consensus Estimate for TTWO's fiscal 2025 revenues is pegged at $5.64 billion, indicating year-over-year growth of 5.64%.
The company expects net bookings for fiscal 2025 between $5.55 billion and $5.65 billion. Revenues for fiscal 2025 are expected in the band of $5.57-$5.67 billion.
The company has launched the trailer for Game of Thrones: Legends, a high-profile RPG puzzle game under its wholly-owned private label, Zynga Inc. It is set to launch globally on Jul 25, 2024.
To mark this upcoming release, pre-registration is now open on both the App Store and Google Play, ...