Take-Two May Have a Much Better Year Than Investors Expect

John Ballard, The Motley Fool
·5-min read
Take-Two May Have a Much Better Year Than Investors Expect

This was supposed to be a transition year for Take-Two Interactive (NASDAQ: TTWO). After a record year in fiscal 2020, one in which net bookings were just shy of $3 billion, management originally guided for fiscal 2021 net bookings to dip to a range of $2.55 billion to $2.65 billion due to a lighter release slate. Management is now calling for net bookings to fall between $2.80 billion to $2.90 billion for fiscal 2021.