You know what caught my eye today? Yeah, Take-Two — the big US publisher. They’re having quite a moment, and it’s sorta impressive. So, they’re talking about a 17% hike in net bookings for the first quarter of their fiscal year. Quite a jump, right? Something like $1.42 billion was raked in between April and June. Last year, same time? It was $1.22 billion. Not shabby at all.
I guess people are really into their stuff. Grand Theft Auto 5, NBA 2K25, Red Dead Redemption 2 — these games are pulling their weight, especially the online modes. A little surprising how those mobile games are doing a lot of the heavy lifting. Did not see that coming, honestly. Anyway, the recurrent spending rose by 17%. That’s a big chunk—83% of the net bookings. Mind officially blown.
Strauss Zelnick, the Take-Two CEO, had some words for the shareholders. Something about the ongoing demand for core franchises and the business being all diversified and successful. The excitement was real. Oh, and they’re upping their FY26 Net Bookings outlook. That’s $6.05 to $6.15 billion, if keeping score matters to you. Seems like they’re feeling pretty good about what’s coming up. It’s their most ambitious pipeline ever, or so they say. Delivering shareholder returns? Yeah, they’re confident.
But wait—okay, lost my train of thought—there was something else… maybe it’ll come back to me. Anyway, life’s interesting, isn’t it?
