Technology
Take-Two reports Q2 bookings up 53% YoY to $1.5B, below $1.55B estimates, and revises FY 2023 bookings down to $5.5B; stock drops 17%+ (Jason Schreier/Bloomberg)
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Jason Schreier / Bloomberg:
Take-Two reports Q2 bookings up 53% YoY to $1.5B, below $1.55B estimates, and revises FY 2023 bookings down to $5.5B; stock drops 17%+ — Take-Two Interactive Software Inc. reduced its annual forecast for net bookings in the wake of an industrywide spending slowdown, particularly in mobile gaming.
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