GTA 6 appears to line up Xbox release for 2024 as “next chapter” noted

Take-Two’s CEO said during the company’s latest earnings call that Rockstar’s Grand Theft Auto 6 could be out next year.

Predictions made in Take-Two’s latest earnings call suggest the company will make a huge financial profit during the 2025 fiscal year, which means that Grand Theft Auto 6 will hit the Xbox and other consoles in 2024 as well. It may imply that it will be launched on any platform.

Take-Two’s forecast calls for annual net bookings of $8 billion in 2025.

Take-Two’s latest work financial statementCEO Strauss Zelnick says GTA 6 could launch as early as 2024, as the company expects annual net bookings to rise to $8 billion during the 2025 fiscal year. seemed to suggest that

“We also announced guidance for fiscal 2024, which includes net bookings in the range of $5.45 billion to $5.55 billion. , reflects the extended development timelines of several high-profile and highly anticipated titles, which we expect to set new standards of quality and success and deliver over $8 billion in netbookings. We believe we will be entering the next phase of growth in 2025 as we plan to deliver several groundbreaking titles that will continue to grow in value.Adjusted unrestricted operating cash flow of $1.0 billion. We expect to grow and maintain this momentum,” Zelnick said. “After years of investment and creative development, we are excited about the next chapter of Take-Two as we execute our strategy and what is expected to be a string of hit titles. As we release, we will scale, increase our margins, and deliver industry-leading returns to our shareholders.”

Take-Two’s net bookings for fiscal 2023 reached $5.3 billion, up 55% from $3.4 billion a year ago. The breakthrough appears to have been boosted by the company’s acquisition of mobile giant Zynga last May, and the company expects similar results throughout the next fiscal year. However, Take-Two said that during his 2025 fiscal year, from May 2024 to May 2025, he will launch “several groundbreaking titles,” so net bookings could put him at $8 billion. expected to exceed. The company has a robust portfolio of great games, and net bookings could be as early as next year, with nearly $3 billion in net bookings likely to be a hefty order without the help of Rockstar’s highly anticipated GTA 6. may also be released.

Think you’ll be playing GTA 6 by 2025? Let us know in the comments below.