Take-Two Interactive Software (TTWO) Reports Q1 Results and Guidance

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Take-Two Interactive Software, Inc. Reports Strong Results for Fiscal First Quarter 2023

August 8, 2022 4:05 PM EDT

The Company completed its combination with Zynga on May 23, 2022; first quarter results include Zynga for 39 days of the quarter

GAAP net revenue increased 36% to $1.1 billion

GAAP net loss per share was $0.76

GAAP net cash provided by operating activities for the three-months ended June 30, 2022 was $100.8 million

Adjusted Unrestricted Operating Cash Flow (Non-GAAP) for the three-months ended June 30, 2022 was $(14.4) million

Net Bookings grew 41% to $1.0 billion

Company updates outlook to include combination with Zynga... More