Take-Two Interactive Software, Inc. (TTWO) on Tuesday reported higher revenue and a narrower loss for the fourth quarter, compared with the same period last year.
Total net revenue rose to $1.70 billion from $1.36 billion a year earlier, driven by stronger game revenue, which increased to $1.57 billion from $1.24 billion. Advertising revenue also edged up year over year.
Despite higher operating expenses, the company reduced its net loss to $92.9 million, or $0.50 per share, from a net loss of $125.2 million, or $0.71 per share, in the December 2024 quarter.
Loss from operations improved to $38.7 million, compared with an operating loss of $132.1 million a year earlier.
TTWO closed trading on Tuesday at $212.17, down $9.64 or 4.35 percent on the Nasdaq.
For comments and feedback contact: editorial@rttnews.com
Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.