Take-Two Interactive Software,
Grand Theft Auto 6After announcing that it would launch in the fall of 2025, it lowered its fiscal year 2025 booking expectations. Shares of the New York-based company lost 2.5% in extended trading following this announcement. According to the company’s estimates, the new game release date will be a major source of revenue for this highly anticipated game, with analysts expecting billions of dollars in sales every year.
Grand Theft Auto 6Website updates for include new screenshots and cover art. The video game publisher said it expects fiscal 2025 bookings to be between $5.55 billion and $5.65 billion. This figure is significantly lower than the previous estimate of over $7 billion. Take-Two‘s negative forecast follows last week’s disappointing Electronic
Arts ve Roblox came after his predictions.
Grand Theft Auto 6’s release date is almost finalized
Take-Two It laid off about 5% of its workforce last month and canceled several projects in development. The move is in line with similar cost-cutting plans in the gaming industry, which is struggling with slowing consumer spending. However, the company and analysts Grand Theft
Auto 6They expect bookings to accelerate starting in fiscal 2025, helped by new games coming with the release of ‘s release and the acquisition of Gearbox Entertainment.
Wedbush Securities analyst Michael Pachter estimates Gearbox could contribute $150 million in revenue to Take-Two this year and between $300 million and $400 million in fiscal 2027. Take-Two CEO Strauss Zelnick stated that the company is poised to reach new levels of success and expects to deliver sequential growth in net bookings for fiscal years 2025, 2026 and 2027.
The company announced that it has a plan of approximately 40 game titles by fiscal 2027, and 16 game titles will be available in fiscal 2025. Pachter of Wedbush,
Grand Theft Auto 6He said that there will be a huge growth in GTA Online with the release of . Take-Two’s fourth-quarter bookings fell 3% to $1.35 billion, but that beat analysts’ average estimate of $1.30 billion.
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