US publishing giant Take-Two has reported a three per cent increase in its net bookings for the three months ending December 2024. In its financials for the quarter, the company reported $1.37 billion in net bookings; of this figure, 79 per cent came from recurrent consumer spending, which rose nine per cent year-on-year. Meanwhile, net revenue dipped 0.7 per cent to $1.36 billion. CE…
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2 Comments
Take-Two’s net bookings going up 3% is pretty solid news! With $1.37 billion in bookings and a healthy chunk coming from recurrent consumer spending, it shows that gamers are still all in on their favorite titles. The 9% rise in that area is especially encouraging—guess those microtransactions are doing their thing! It’s a bit surprising to see net revenue dip slightly, but overall, it feels like they’re on the right track. Can’t wait to see what they roll out next!
Take-Two’s net bookings up 3% is pretty solid news! $1.37 billion is no joke, especially with 79% of that coming from recurrent consumer spending. It’s clear that gamers are still dropping cash on in-game purchases and DLCs, which shows that the engagement with their games is strong. A 9% rise in recurrent spending year-on-year is impressive! Sure, the slight dip in net revenue is a bit concerning, but overall, it looks like they’re doing something right. Can’t wait to see what they have lined up next!