TTWO stock plunged almost 10% in the after-hours market, after company's latest Q3 earnings call:
Strauss Zelnick reportedly had to reassure investors that Sam Houser, president of Rockstar, will stay with the company, after news broke out that his brother and R* VP and creative head, is leaving the company after March:
I guess GTA6's announcement should take place sooner rather than later at this point..
The company reported net bookings, an adjusted-revenue metric, of $888.2 million, while analysts had called for bookings of $920 million. Analysts on average expected earnings of $1.33 a share on total revenue of $932 million. For the fiscal fourth quarter, Take-Two predicted earnings of 92 cents to $1.12 a share on revenue of $635 million to $685 million, while analysts on average were expecting profit of $1.36 a share on sales of $677 million
Strauss Zelnick reportedly had to reassure investors that Sam Houser, president of Rockstar, will stay with the company, after news broke out that his brother and R* VP and creative head, is leaving the company after March:
I guess GTA6's announcement should take place sooner rather than later at this point..