Take-Two Interactive Software, a leading developer, publisher, and marketer of interactive entertainment, reported a flat net revenue year-on-year at $5,349.6 million for the fiscal year ended March 31, 2024. The company's operating loss widened to $3,590.6 million from $1,165.2 million the previous year, primarily due to Goodwill impairment charges of $2,342.1 million. Net loss deepened to $3,744.2 million, with diluted loss per share at $22.01, compared to a net loss of $1,124.7 million and diluted loss per share of $7.03 in the prior year. Cash and equivalents decreased to $1,102.0 million from $1,234.6 million. The company's business development included the acquisition of Zynga, contributing to mobile net revenue, which accounted for 51.4% of total net revenue. Take-Two's future plans involve continuing to deliver new content for its franchises and investing in opportunities to enhance and scale the business for long-term growth. Notably, Rockstar Games plans to release Grand Theft Auto VI in Fall 2025.

Take-Two Interactive Software, a leading developer, publisher, and marketer of interactive entertainment, reported a flat net revenue year-on-year at $5,349.6 million for the fiscal year ended March 31, 2024. The company's operating loss widened to $3,590.6 million from $1,165.2 million the previous year, primarily due to Goodwill impairment charges of $2,342.1 million. Net loss deepened to $3,744.2 million, with diluted loss per share at $22.01, compared to a net loss of $1,124.7 million and diluted loss per share of $7.03 in the prior year. Cash and equivalents decreased to $1,102.0 million from $1,234.6 million. The company's business development included the acquisition of Zynga, contributing to mobile net revenue, which accounted for 51.4% of total net revenue. Take-Two's future plans involve continuing to deliver new content for its franchises and investing in opportunities to enhance and scale the business for long-term growth. Notably, Rockstar Games plans to release Grand Theft Auto VI in Fall 2025.