Recurrent consumer spending (which is generated from ongoing consumer engagement and includes virtual currency, add-on content, in game purchases and in-game advertising) increased 44% and accounted for 75% of total GAAP net revenue. GAAP net revenue increased 36% to $1.1 billion, as compared to $813.3 million in last year’s fiscal first quarter. For further information, please see the first quarter fiscal 2023 results slide deck posted to the Company’s investor relations website at /ir.įirst Quarter Fiscal 2023 Financial Highlights In addition, the Company revised its outlook for fiscal year 2023, ending March 31, 2023, to include its combination with Zynga and provided its initial outlook for the second quarter of fiscal year 2023, ending September 30, 2022. (NASDAQ:TTWO) today reported strong results for the first quarter of its fiscal year 2023, ended June 30, 2022.
NEW YORK–(BUSINESS WIRE)–Take-Two Interactive Software, Inc. GAAP net cash provided by operating activities for the three-months ended Jwas $100.8 millionĪdjusted Unrestricted Operating Cash Flow (Non-GAAP) for the three-months ended Jwas $(14.4) millionĬompany updates outlook to include combination with Zynga from the date of acquisition, including fiscal year 2023 Net Bookings of $5.8 billion to $5.9 billion GAAP net revenue increased 36% to $1.1 billion