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Take-Two Interactive reported its earnings for the three months ended September 30 today, and much like its first quarter, the Zynga acquisition and an unfavorable economy were pointed to for significant top-line growth but a negative GAAP bottom line.
In addition to those numbers, Take-Two also downgraded its outlook for the full fiscal year ending March 31, 2023, citing shifts in the product pipeline, foreign currency exchange rates, and the impacts of the greater economy, especially on the mobile business.