
As part of Take-Two’s FY Q2 2023 results, the company revealed it is lowering the expected revenue by $320 million for the current fiscal year. Previously, Take-Two expected between $5.73 and $5.83 billion, but those numbers have been lowered to $5.41 and $5.51 billion. The company is blaming lowered expectations in its mobile business and shifts in the upcoming release schedule for the reduced projections.