Take-Two Interactive, the parent company of 2K Games, Rockstar, and Zynga, has revealed its financial results for the second quarter of 2024, with total revenue amounting to $1.22 billion, showing a 1% growth compared to the same quarter from the previous year.
The slight lack of revenue growth for Take-Two can be attributed to the absence of major game releases in the past quarter. The revenue sources mainly came from the usual suspects like NBA 2K24, GTA Online, GTA V, Red Dead Redemption 2/Online, and various mobile games developed by Zynga.
In the upcoming third quarter of 2024, a significant sports game release from the company is NBA 2K25, set to launch in September 2024, which is expected to boost revenue for this quarter.
However, the burning question remains if there will be any updates on GTA 6. According to the securities market disclosure from Take-Two, GTA 6 is still scheduled for a fall 2025 release, at least for now.
Furthermore, Take-Two’s documents also provide additional information on the release date of Civilization VII, set for the second quarter of 2025. The first glimpse of the game will be unveiled at Gamescom 2024 towards the end of August.
TLDR: Take-Two Interactive’s financial results for the second quarter of 2024 show a 1% revenue growth, mainly attributed to existing game titles, with upcoming releases like NBA 2K25 and the highly anticipated GTA 6 scheduled for fall 2025.
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