Take-Two Q2 net bookings fall 18% to $1.6bn as NBA 2K27 misses forecast but GTA 6 pre-orders are "tracking far in excess" of expectations

Take-Two Interactive has published its financial results for its second fiscal quarter, with net bookings down 18% to $1.60 billion and net revenue down 16% to $1.50 billion. Net bookings came in slightly below the $1.62 billion to $1.67 billion the publisher had advised. Take-Two said NBA 2K27 had the second-highest net bookings launch in the series' history, but still fell short of its forecast for the period. The company has kept its full-year net bookings outlook at $8 billion to $8.2 billion, with Grand Theft Auto 6 due to launch on November 19.