Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Q1 2024 Earnings Call Transcript

Strauss Zelnick: I think it will be about the same. It’s always hard to know. It’s a very competitive business at any given time. But ultimately, we’re really competing with ourselves because if there’s a lot in the market that consumers want, generally speaking, they’ll go consume it. And if there’s nothing that they want, it’s not like they consume the next best. They just stay away. So we have to deliver the highest quality properties. And if we do that, they’ll show up in good times and in bad. I mean you’re seeing that even in a mixed economy. The best titles still full big audiences.

Operator: We have reached the end of our question-and-answer session. I would like to turn the conference back over to management for closing comments.

Strauss Zelnick: I just want to take a minute to thank our teams again for delivering a superb quarter, and we’re really thrilled with the way this year is unfolding. Our titles continue to be a phenomenal quality. We’re really excited about our upcoming releases. And obviously, very excited about the future beyond this fiscal year. And we also want to thank all of you for attending the call for your great questions. And naturally, we’re grateful to our shareholders for their continued support. So thanks so much, and have a great evening.

Operator: Thank you. This will conclude today’s conference. You may disconnect your lines at this time, and thank you again for your participation.