Take-Two Interactive Software (TTWO) Revenue — Quarter Ended Jun 30, 2023
Revenue declined compared to the immediately preceding quarter. It rose relative to the same quarter one year earlier.
Key takeaway
Quarter ended Jun 30, 2023 · FY2024 Q1
Revenue declined compared to the immediately preceding quarter. It rose relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.3B
Revenue reported for this quarter.
Quarter-over-quarter
-11.2%
Change from the immediately preceding quarter.
Year-over-year
+16.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $1.4B | +54.3% |
| Dec 31, 2022 | $1.4B | +55.9% |
| Mar 31, 2023 | $1.4B | +55.5% |
| Jun 30, 2023 | $1.3B | +16.5% |
Revenue performance
After three consecutive quarters with stable revenue, the current quarter experienced a decrease.
Quarterly comparison
The sequential decline contrasts with a year-over-year increase, indicating a mixed performance.
What to watch
The company's recent debt issuance and its management of liquidity and capital resources are noted in the filing.