How much money would you have made on Take-Two Interactive Software Inc?

Summary

Take-Two Interactive Software, Inc. (TTWO) is a multinational video game holding company based in New York City. The company was founded in 1993 by Ryan Brant, the son of Peter Brant, a well-known publisher, and took its current name in 1998. Take-Two is best known for its subsidiary Rockstar Games, the developer and publisher of popular video game franchises such as Grand Theft Auto, Red Dead Redemption, and Max Payne.

Take-Two's portfolio also includes 2K, a publisher of sports, action, and strategy games, and Private Division, a publisher of games from independent developers. In addition to its video game operations, Take-Two also owns Social Point, a mobile game developer, and GameStop, a retail chain that specializes in video game sales.

In the latest quarter, Take-Two reported strong financial results, with net revenue of $1.25 billion, a year-over-year increase of 37%. The company's digital revenue, which includes sales of full game downloads, add-on content, and virtual currency, also increased significantly, accounting for 86% of total net revenue.

Take-Two's success can be attributed in part to the continued popularity of its franchises and the success of its recent releases. In the latest quarter, Take-Two's top-selling titles included Grand Theft Auto V and Grand Theft Auto Online, NBA 2K21, and Red Dead Redemption 2. The company also released several new games, including BioShock: The Collection, Borderlands 3: Super Deluxe Edition, and Civilization VI: New Frontier Pass, which have all contributed to Take-Two's strong financial performance.

Looking ahead, Take-Two has several highly anticipated releases in the pipeline, including the next installment in the Grand Theft Auto series and the next entry in the NBA 2K series. The company is also expanding into new areas, such as streaming and cloud gaming, with the recent acquisition of streaming platform Echtra Games and the launch of its own cloud gaming service, Rockstar Games Cloud.

Overall, Take-Two has established itself as a leading player in the video game industry, with a strong portfolio of popular franchises and a focus on innovation and expansion. The company's strong financial performance in the latest quarter is a testament to its continued success and the potential for future growth.

Background

Take-Two Interactive Software Inc, located at 110 west 44th street, new york, ny, us specializes in the services-prepackaged software industry. It is currently listed on the exchange NASDAQ in the country USA.

The company's last annual earnings report on 2022-09-30 showed that it had reached a market capitalization of 16,575,483,000 dollars.

If someone had invested $100 in Take-Two Interactive Software Inc 10 years ago, their investment would be worth roughly $606.67 today, according to If You Had Invested

If you had invested...

The stock price is a reflection of the company's performance, market value and for TTWO, its stock has been amazing. If you had invested $1,000 in Take-Two Interactive Software Inc 1 year ago and held onto your investment until today , here's what would have happened:

Your investment would now be worth roughly $1308.5 today.

Financials

If you are looking for a company with a high dividend yield then avoid Take-Two Interactive Software Inc because it does not pay a dividend.

In terms of growth Take-Two Interactive Software Inc has had a turn for the worst with a Quarterly Earnings growth rate of -0.497. At the same time revenue growth has been to the moon with a rate of 0.624.

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