Take-Two CEO Strauss Zelnick says Rockstar has finished development on Grand Theft Auto VI.
He told investors on the earnings call that “Rockstar has completed the development of GTA VI.”
The game is still locked for November 19 on PS5 and Xbox Series X|S. Pre-orders are already running well above what the company expected, and preload is open now.
It is ready to ship.
TAKE-TWO $TTWO Q2’27 EARNINGS HIGHLIGHTS
🔹 Net Bookings: $1.60B (Est. $1.66B) 🔴; -18% YoY
🔹 Revenue: $1.50B; -15% YoY
🔹 EPS: -$0.29 (Est. -$0.86) 🟢
🔹 Recurrent Consumer Spending: -9% YoY
Affirms FY27 Guide:
🔹 Net Bookings: $8.0B-$8.2B (Est. $8.57B) 🔴
🔹 Revenue: $7.98B-$8.18B
🔹 Net Income: $109M-$142M
🔹 EBITDA: $1.02B-$1.08B
Q3 Guide:
🔹 Net Bookings: $3.35B-$3.5B (Est. $3.40B) 🟡
🔹 Revenue: $3.27B-$3.42B
🔹 Net Income: $250M-$276M
🔹 EBITDA: $651M-$698M
Announcements:
🔹 Grand Theft Auto VI: launches November 19, 2026; pre-orders at unprecedented levels
Comments:
🔸 “The launch of Grand Theft Auto VI is ten days away and, with pre-orders continuing to reach unprecedented levels, we expect to deliver an historic year for our company.”
Take a look at the spot buying
It has been going up since the US market open and yet Bitcoin has been underperforming stocks
Why?
Because perps are shorting like hell, and this has been happening for weeks now
It looks like someone is trying to fill their billion dollar balance sheet hole
‘take me home (4 christmas)’ by Olivia Rodrigo debuts at #42# on the Global Spotify chart with 1.91 million streams.
It also debuts at #8# on the US Spotify chart with 765k streams.