Take-Two expects adjusted annual revenue below estimates

2023-05-17 20:11:16

Take-Two Interactive Software Inc. forecast adjusted annual revenue below analysts’ expectations on Wednesday, a sign that the “Grand Theft Auto” publisher is struggling to attract gamers amid a slowing economy.

The video game publisher said it expects adjusted annual revenue of between $5.45 billion and $5.55 billion. Analysts expect $6.07 billion, according to Refinitiv data.

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