Here’s a story that highlights all of the things Take-Two Interactive Software leaders said in a post-earnings call with analysts today.
In a conference call with analysts after reporting earnings, Take-Two executives said that preorders for Grand Theft Auto VI, which launches in 10 days, have been “unprecedented” and “extraordinary.”
Strauss Zelnick, CEO of Take-Two; Lainie Goldstein, CFO; and Karl Slatoff, president; said in the call that the GTA VI launch is on track and Rockstar has finished the game. As a result of the higher-than-anticipated preorders, Take-Two increased expectations for net bookings in the quarter ending December 31, 2026. But Zelnick was careful to say Take-Two does not wish to claim success before it occurs. (Here’s our own exclusive interview with Zelnick).
“The title is so widely anticipated, and consumers appear very very excited, and all the press so far has been universally positive, so it makes me nervous even saying those words,” Zelnick said. “But they are true, and we still aren’t ready to declare victory. Hopefully, we’ll be able to do that in the fullness of time, and you don’t wait too long.”
Goldstein added, “The launch of Grand Theft Auto 6 is only 10 days away, and the level of pre-orders generated is extraordinary.”
In after-hours trading, Take-Two’s stock is up 4% in the wake of the earnings release.
A Night in Vice City. On the eve of the release of Grand Theft Auto VI, tune in to the NBA on ESPN Wednesday, November 18 at 7PM Eastern to see the HEAT trade Miami for Vice City when they host the Milwaukee Bucks.
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