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. Management has several updates in store for these top titles that should keep recurrent consumer spending growing in the short term.
Here is a look at the near-term plans for Take-Two's biggest titles.
Source Fool.com
