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Grand Theft Auto publisher reiterates plans for a ‘record’ turning point in its next fiscal year

Grand Theft Auto publisher Take-Two Interactive has reiterated that it expects a major turning point in its next fiscal year.

During its earnings report for the first quarter of its fiscal year 2024 (which ends in March 2024), the publisher announced net bookings of $1.2 billion for the quarter, which was at the high end of its expectations.

(Net bookings cover the net amount of products and services sold digitally or sold-in physically, and includes not just game sales but other income including licensing fees, merchandise and in-game ads.)

It also reiterated its previous prediction of total net bookings between $5.45 to $5.55 billion for the entire fiscal year 2024.

Looking forward, however, the publisher again made reference to its next fiscal year and reiterated its previous claims that major things are planned for this period.

“We remain confident that we are positioning our business for a significant inflection point in fiscal 2025, which we believe will include new record levels of operating performance,” Take-Two CEO and chairman Strauss Zelnick said in a statement.

“We would like to thank all of our stakeholders for their continued support, and we look forward to delivering on this exciting next chapter.”

Although it has yet to explicitly confirm it, this latest statement – and others like it made previously – have led to speculation that Grand Theft Auto 6 is set for release during fiscal year 2025.

If accurate, this would mean Grand Theft Auto 6 would be released no later than March 2025.

This isn’t the first time Take-Two has suggested its next fiscal year would see a huge surge in sales.

In an earnings call in May, Zelnick called fiscal 2025 “a highly anticipated year for our company”, claiming it would be “launching several groundbreaking titles we believe will set new standards in our industry and enable us to achieve over $8 billion in net bookings and over $1 billion in adjusted unrestricted operating cashflow”.