Jason Schreier / Bloomberg:

Take-Two experiences Q2 bookings up 53% YoY to $1.5B, under $1.55B estimates, and revises FY 2023 bookings all the way down to $5.5B; inventory drops 17%+  —  Take-Two Interactive Software program Inc. decreased its annual forecast for web bookings within the wake of an industrywide spending slowdown, notably in cell gaming.

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