How Take-Two Plans to Maintain Its Momentum In the Next Console Cycle
Take-Two Interactive's (NASDAQ: TTWO) top franchises delivered strong earnings results last quarter, as players continue to spend money on virtual currency in top titles. While Take-Two doesn't have a major new release as Sony's PlayStation 5 and Microsoft's Xbox Series X kicks off a new console generation this month, the latest earnings results suggest that it doesn't need one. Players are highly engaged with NBA 2K, Grand Theft Auto V, and Red Dead Redemption 2.