Take-Two News Release
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Take-Two Interactive Software, Inc. Reiterates Financial Outlook for Fiscal Year 2019
Continues to expect both record Net Bookings and record net cash
provided by operating activities, in excess of
The Company’s wholly-owned label, Rockstar Games, has announced that Red
Dead Redemption 2, which had been planned for release during Spring
2018, is now planned to launch on
Despite this change, Take-Two continues to expect to deliver both record
Net Bookings and record net cash provided by operating activities, in
As previously announced, Take-Two plans to report financial results for
the third quarter of its fiscal year 2018, ended
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Cautionary Note Regarding Forward-Looking Statements
The statements contained herein which are not historical facts are
considered forward-looking statements under federal securities laws and
may be identified by words such as "anticipates," "believes,"
"estimates," "expects," "intends," "plans," "potential," "predicts,"
"projects," "seeks," “should,” "will," or words of similar meaning and
include, but are not limited to, statements regarding the outlook for
the Company's future business and financial performance. Such
forward-looking statements are based on the current beliefs of our
management as well as assumptions made by and information currently
available to them, which are subject to inherent uncertainties, risks
and changes in circumstances that are difficult to predict. Actual
outcomes and results may vary materially from these forward-looking
statements based on a variety of risks and uncertainties including: our
dependence on key management and product development personnel, our
dependence on our Grand Theft Auto products and our ability to
develop other hit titles, the timely release and significant market
acceptance of our games, the ability to maintain acceptable pricing
levels on our games, and risks associated with international operations.
Other important factors and information are contained in the Company's
most recent Annual Report on Form 10-K, including the risks summarized
in the section entitled "Risk Factors," the Company’s most recent
Quarterly Report on Form 10-Q, and the Company's other periodic filings
Source: Take-Two Interactive
Take-Two Interactive Software, Inc.