Take-Two ticks down as GTA 6 faces possible release delay [Seeking Alpha]
Take-Two Interactive Software, Inc. (TTWO)
Last take-two interactive software, inc. earnings: 2/6 04:05 pm
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Source: Seeking Alpha
Rockstar Games has issued a return-to-office mandate for remote workers as it attempts to release GTA VI to market in early 2025, according to the gaming news website Kotaku. However, it's becoming likely the game might not be released until late 2025 or 2026 as production has lagged behind schedule, Kotaku added. Rockstar Games issued a notice to remote employees in late February that they will need to return to office five days a week starting in April, according to Bloomberg. Take-Two continues to earn massive amounts of revenue from its GTA series even though the last installment, GTA V , was released in 2013. During Take-Two's third-quarter 2024 earnings presentation in February, the company reported GTA VI would be released sometime during calendar year 2025. Bank of America dropped its Take-Two rating to Neutral from Buy with a $170 price target on the assumption that GTA VI won't launch until closer to the end of 2025, among other reasons. Rockstar has a history of
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TTWO
Earnings
- 2/8/24 - Miss
TTWO
Sec Filings
- 4/16/24 - Form 8-K
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- TTWO's page on the SEC website