Wednesday’s good news about Take-Two Interactive (TTWO 7.53%) came after the market closed, so investors jumped on the stock during the next trading session. On Thursday, the video game maker’s stock performed quite well, rising nearly 8% in price. It was a much better performance than that of S&P 500 index; it crept up at a rate of 0.7%.

A rush of reservations

The news was the latest in Take-Two’s earnings, which featured beatings in two of its key assets. The company reported that net income in the second fiscal quarter of 2025 amounted to $1.35 billion, an improvement of 4% on a year-over-year basis. This was due to a 2% increase in net bookings (meaning sales completed but not necessarily realized) to $1.47 billion.

According to generally accepted accounting principles (GAAP), the net loss was just over $365 million ($2.08 per share) in the quarter. That improved the shortfall by nearly $544 million from the second quarter of fiscal 2024.

Analysts’ consensus estimate for net bookings was $1.43 billion. However, forecasters following the stock were expecting a bottom-line profit of $0.42 per share.

Take-Two’s main video game franchises performed quite well during the quarter. The company highlighted its latest grand theft auto and Border countries titles as particular contributors to this increase in net bookings. Meanwhile, on the platform side, mobile was a standout, with bookings derived from titles in that category growing 9% year-over-year to contribute $723 million to the total.

A new Theft is coming

Take-Two’s full-year 2025 guidance is for $5.57 billion to $5.67 billion in revenue, with net loss of $775 million to $839 million ($4.43 to $4.80 per share). Net bookings should reach between $5.55 billion and $5.65 billion.

The company’s focus is strong, which is likely one of the reasons why investors were encouraged by the earnings report. Grand Theft Auto VI should appear in fiscal year 2026, in addition to a new Border countries title and a sequel to the company’s organized crime game Mafia. Those developments alone are reason enough to be optimistic about Take-Two’s immediate future.