Take-Two Reiterates FY Bookings Outlook Despite ‘Unprecedented’ GTA VI Pre-Orders

Take-Two Interactive reported strong fiscal first-quarter results, with bookings slightly ahead of guidance despite a one-time impairment charge. Analysts from BTIG and DA Davidson maintained Buy ratings and raised price targets, citing exceptional GTA VI pre-order activity. The company reiterated its full-year bookings guidance, and a potential update on GTA Online for the next generation is anticipated in October.