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Take-Two Interactive Q3 Fiscal 2022 Conference Call

Take-Two Interactive’s third-quarter fiscal 2022 conference call highlights a period of strong financial performance and strategic expansion.

• Take-Two reported Q3 fiscal 2022 net bookings of $866 million, a 6% year-over-year increase that exceeded internal expectations.
• The pending acquisition of Zynga is expected to close in Q1 fiscal 2023, with management projecting $100 million in annual cost synergies and over $500 million in long-term revenue opportunities.
• Recurrent consumer spending remains a core revenue driver, accounting for 57% of total net bookings during the third quarter.