Take-Two Interactive Software (TTWO) 3 Aug 212022 Q1 Earnings call transcript

Greetings, and welcome to the Take-Two Q1 Fiscal Year 2022 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded. I’d now like to turn conference over to your host, Nicole Shevins, Senior Vice President of Investor Relations and Corporate Communications. ahead. go Please

led you and our Thank year our call Officer. Karl will conference ended and Take-Two's Good Executive Goldstein, Chief for for our the discuss Officer; be call Today's results XX, our fiscal Strauss first to Zelnick, June Chairman President; afternoon. Slatoff, XXXX. joining by Lainie quarter XXXX Financial and Chief

session answer following available will to your questions the be prepared our Q&A remarks. We during

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Barclays. conducting this Mario [Operator Instructions] with first the Thank Lu you. At be session. we'll from time, comes question-and-answer question Your line of a

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line Jefferies. Uerkwitz question next with Andrew comes Your from of

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Yang Your Company. & with next from question comes Oppenheimer Martin

My central market? the for that does longer typical first much organization shifts one than the how and much player development in is about cycle how on have taste changes games for And have a your annual input those a business you releases. account directional models in

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some question your way? miss in I did So

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Matt. Hi,

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we can it themselves. so see the numbers And in

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do we be based to there yes, synergies reorganization. expect So this on

of comes BMO Markets. [Operator Capital with next Johnson Gerrick line Instructions] the question from Your

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Your next MoffettNathanson. question Griffin with comes line from of Clay

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Fargo. Wells next with from line Brian comes Your Fitzgerald question of

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of Your the Crum comes Stifel line from Drew next question with

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Deutsche Bank. question comes of Benjamin Soff the Your from next with line

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Partners. question of comes line MKM with Eric next The from Handler

questions. Two

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on Congrats my me. taking the guys. for quarter Two Thanks for questions.

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question from is follow Truist Securities. up Thornton Your a Matthew next with

comes Your from Markets. next Johnson follow Gerrick BMO with up Capital

of out advantage consoles. those you time in out and both Are and deferral You NBA and GTA consoles were those will titles rollout waiting versions for of a consoles? you here rolling in have have next take the special finding the next those gen more that general of with those coming titles

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up with question next from Securities. Your is follow Matthew Thornton Truist a

numbers quick just thoughts the 'XX. Theft Auto I into a ups, of release consoles latest a And how season. console have and new we've And supply you're secondly, you I'm the the and releases just holiday about fiscal as about the fiscal thing head for and 'XX kind just two gen curious pipeline supply around follow Just we second. thinking of demand. guys talked next lot for curious guess, got Grand of then, on obviously,

comment I'm too if to fiscal pertains fiscal about just sequential much results last in operating I'm if out as to into that growth window new curious expecting getting years that And 'XX record Thanks in the again, about that 'XX talked that. reading talked well. fiscal window you've to or You've 'XX. guys.

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to we the closing question-and-answer remarks. back would Strauss the gentlemen, of like and Ladies have to I Zelnick the call for reached end turn session. And

Thank the delivered all deliver to you our great these who so a much thank for joining And results. colleagues us today. I it world around want to always as all been time of has emphatically challenging the results.

shows Thanks you does for to us. who I up healthy of been continues joining also best every so off. shareholders and work safe these We're We're to over summer. want work our and grateful supportive pay and team grateful. their years so Our remainder happy, the a wish all to and have day

conference. this today's gentlemen, conclude and Ladies does

You for may this participation. disconnect your Thank lines time. all you your at