Take-Two financials- NBA 2K exceeds expectations and GTA V surpasses 210M sales

Grand Theft Auto maker Take-Two has reiterated its net bookings forecast of $5.55 billion to $5.65 billion for the current fiscal year following a "solid" quarter that saw NBA 2K beat internal expectations and Grand Theft Auto V exceed 210 million lifetime sales.

As noted in the company's fiscal report for the third quarter ended December 31, 2024, net bookings increased by 3 percent year-on-year to $1.37 billion.

Net bookings derived from recurrent consumer spending (which includes live service products such as GTA Online) increased by 9 percent year-on-year and accounted for 79 percent of total net bookings.