TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) stock fell 1.33% (As on May 16, 11:22:31 AM UTC-4, Source: Google Finance) after the company mixed fiscal fourth-quarter results as earnings fell short of estimates after video game maker delayed the release of the next edition of Grand Theft Auto.  Net Bookings grew 17% to $1.58B. Total Net Bookings grew 17% to $1.58 billion, as compared to $1.35 billion during last year’s fiscal fourth quarter. Net Bookings from recurrent consumer spending increased 14% and accounted for 77% of total Net Bookings. The largest contributors to Net Bookings were NBA 2K25, Grand Theft Auto Online and Grand Theft Auto V, Civilization VII, Toon Blast, the hyper-casual mobile portfolio, Match Factory!, Empires & Puzzles, Red Dead Redemption 2 and Red Dead Online, and WWE 2K25.

TTWO in the fourth quarter of FY25 has reported the adjusted earnings per share of $1.08, missing the analysts’ estimates for the adjusted earnings per share of $1.12. The company had reported the adjusted revenue growth of 13 percent to $1.58 billion in the fourth quarter of FY25, beating the analysts’ estimates for revenue of $1.55 billion. Recurrent consumer spending increased 9% and accounted for 76% of total GAAP net revenue.

Looking ahead its fiscal first quarter, the company guided for a net loss of $0.78 to $0.65 on revenue of $1.35B to $1.4B, with bookings in a range of $1.25B to $1.3B. Analysts are expecting a net loss of $0.78 on revenue of $1.28B.

For the full year ending Mar. 31, 2026, the company guided for a net loss of $2.79 to $2.45 on revenue of $5.95B to $6.05B, with bookings in a range of $5.9B to $6B.

Rockstar expects to release Grand Theft Auto VI on May 26, 2026, which is in our Fiscal Year 2027. I believe affording Rockstar additional time for such a groundbreaking project is a worthy investment. Grand Theft Auto VI began development in earnest in 2020 following the massive success of Red Dead Redemption 2, and the title is now the most anticipated entertainment property of all time. Consumer anticipation is unprecedented, with Trailer 2’s cross-platform debut last week shattering records to become the biggest video launch of all time, with over 475 million views in 24 hours. This follows Trailer 1’s record-breaking debut of 93 million views in 24 hours on YouTube alone. Spotify streams of the track featured in the trailer, Hot Together, by the Pointer Sisters, surged by 182,000%, once again proving Rockstar’s ability to influence popular culture.