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Grand Theft Auto publisher Take-Two speeds past Wall Street's earnings expectations

  • Posted byby Dean Takahashi
  • Updated
  • 3 min

Grand Theft Auto game publisher Take-Two Interactive Software reported earnings today that handily beat Wall Street’s expectations for its second fiscal quarter ended Sept. 30, one day after EA also smashed earnings expectations for the period.

Take-Two reported a non-GAAP loss of 44 cents a share on revenue of $135.4 million, compared with non-GAAP revenue of $1.27 billion a year ago, which benefited from the launch of Grand Theft Auto V. The net income a year ago was $325.6 million, or $2.49 a share. Take-Two also estimated it would have better-than-expected overall results for the fiscal year.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.