Gaming Heavyweight Take-Two Impacted by Zynga Acquisition, Bearish FY23 guidance

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  • #41982
    ThePitBoss
    Participant

    Video game publisher Take-Two Interactive Software reported announced first-quarter 2023 results Monday after the closing bell, reporting a 36% revenu
    [See the full post at: Gaming Heavyweight Take-Two Impacted by Zynga Acquisition, Bearish FY23 guidance]

    #42230
    TradersCom
    Keymaster

    The report from NPD on videogame sales for July is expected to be released Friday – August 19.

    Software, hardware, and accessories sales are all running below the pace from 2021.

    For the first half of the year, the five best-selling videogames were BANDAI NAMCO Holdings’ (OTCPK:NCBDY) Elden Ring (PC/Steam, PS4/PS5/Xbox One/Xbox Series X), Warner Bros.’ (WBD) LEGO Star Wars: The Skywalker Saga (PC/Steam, Xbox One), Nintendo’s (OTCPK:NTDOY) Pokemon Legends: Arceus (Nintendo Switch), Horizon Forbidden West (PS5), and MLB The Show 22 (Xbox One/Series X, PS4, Nintendo Switch, PS5).

    #44181
    TradersCom
    Keymaster

    Take-Two (TTWO) discloses it had become aware that an unauthorized third party illegally accessed legitimate credentials for a vendor platform 2K uses to provide support to its customers and that the unauthorized party sent a communication containing a malicious link to certain players who use that platform for customer service

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