Take-Two forecast second-quarter net bookings of $1.62 billion to $1.67 billion, below analysts' estimate of $1.85 billion, according to data compiled by LSEG.
The company forecast fiscal 2027 net bookings of $8 billion to $8.2 billion, also below analysts' estimate of $8.86 billion, according to data compiled by LSEG.
Shares rise after outlook and launch date update
Shares of videogame publisher Take-Two Interactive TTWO.O rose 1.2% to $235.30 in premarket trading.
The company reiterated its fiscal 2027 net bookings forecast and a Nov. 19 launch date for Grand Theft Auto VI.
Up to the last close, the stock was down 9.2% year to date.
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