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Take-Two Uplink: Strong Q1 Signals, Silent IP Terminated

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Take-Two Uplink: Strong Q1 Signals, Silent IP Terminated

Transmission incoming: Take-Two’s Q1 data packet lands slightly above guidance, driven by heavy hitters like NBA 2K and Grand Theft Auto, reinforced by Zynga’s mobile firepower. Net bookings outlook holds at $8–8.2B, but an unannounced ‘new core IP’ has been quietly decommissioned from the pipeline. Analysts: bullish on the catalog, cautious on the unseen. #TakeTwo #GameBusiness #AAA

Take-Two Q1 results include net bookings ahead of guidance, a slight increase in revenue, and cancellation of unannounced "new core IP" game

🌐 Intelligence Origin: Take-Two Q1 results include net bookings ahead of guidance, a slight increase in revenue, and cancellation of unannounced "new core IP" game

SECTOR: NBA 2K24

Original source

www.gamesindustry.biz

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