Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Q3 2024 Earnings Conference Call February 8, 2024 4:30 PM ET

Company Participants

Nicole Shevins - Senior Vice President, Investor Relations and Corporate Communications

Strauss Zelnick - Chairman and Chief Executive Officer

Karl Slatoff - President

Lainie Goldstein - Chief Financial Officer

Conference Call Participants

Eric Handler - ROTH MKM

David Karnovsky - JPMorgan

Doug Creutz - TD Cowen

Andrew Marok - Raymond James

Benjamin Soff - Deutsche Bank

Drew Crum - Stifel

Martin Yang - Oppenheimer

Timothy O’Shea - BMO Capital Markets

Mike Hickey - Benchmark Company

Brian Fitzgerald - Wells Fargo

Omar Dessouky - Bank of America

Chris Shaw - UBS

Clay Griffin - MoffettNathanson

Operator

Greetings. Welcome to Take-Two’s Third Quarter Fiscal Year 2024 Earnings Call. [Operator Instructions] Please note this conference is being recorded. I will now turn the conference call over to Nicole Shevins, Senior Vice President of Investor Relations and Corporate Communications. Thank you. You may begin.

Nicole Shevins

Good afternoon. Thank you for joining our conference call to discuss our results for the third quarter of fiscal year 2024 ended December 31, 2023. Today’s call will be led by Strauss Zelnick, Take-Two’s Chairman and Chief Executive Officer; Karl Slatoff, our President; and Lainie Goldstein, our Chief Financial Officer. We will be available to answer your questions during the Q&A session following our prepared remarks.

Before we begin, I’d like to remind everyone that statements made during this call that are not historical facts are considered forward-looking statements under federal securities laws. These forward-looking statements are based on the beliefs of our management as well as assumptions made by and information currently available to us. We have no obligation to update these forward-looking statements. Actual operating results may vary significantly from these forward-looking statements based on a variety of factors. These important factors are described in our filings with the SEC including the company’s most recent annual report on Form 10-K and quarterly report on Form 10-Q, including the risks summarized in the section entitled Risk Factors.

I’d also like to note that unless otherwise stated, all numbers we will be discussing today are GAAP and all comparisons are year-over-year. Additional details regarding our actual results and outlook are contained in our press release, including the items that our management uses internally to adjust our GAAP financial results in order to evaluate our operating performance. Our press release also contains a reconciliation of any non-GAAP financial measure to the most comparable GAAP measure.