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Take-Two beat earnings estimates and raised its revenue forecast, saying GTA VI preorders have hit unprecedented levels ahead of the November 19 launch. Shares rose 4% after hours.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:03Take-Two Interactive reported second-quarter earnings of $0.99 per share,
00:08beating Wall Street estimates of $0.94, according to Benzinga Pro.
00:12Net bookings fell 18% to $1.60 billion, but exceeded expectations of $1.58 billion.
00:20The company said NBA 2K and Grand Theft Auto were the biggest contributors to quarterly bookings.
00:27CEO Strauss Zelnick said pre-orders for Grand Theft Auto 6
00:31have reached unprecedented levels ahead of its November 19th launch.
00:35Take-Two reiterated its full-year net bookings outlook of $8 billion to $8.20 billion
00:41and raised its revenue forecast to between $7.98 billion and $8.18 billion.
00:48The company expects third-quarter sales of $3.35 billion to $3.50 billion.
00:55Shares rose 4.06% in After Hours Trading Monday.
01:00For all things money, visit Benzinga.com.

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