Take-Two Interactive Software (NASDAQ:TTWO) dropped its second-quarter financial results Monday after the market close, and the market liked what it saw. The stock is up 4.06% to $216 in after-hours trading, versus a 52-week range of $183.86 to $265.94.

Take-Two Q2 Financials

Take-Two reported second-quarter bookings of $1.60 billion, down 18% year-over-year. That still beat the Street consensus of $1.58 billion, according to data from MarketDash Pro. The company said "NBA 2K" and "Grand Theft Auto" were the biggest contributors to net bookings for the quarter.

On the bottom line, Take-Two reported earnings of 99 cents per share, beating a consensus estimate of 94 cents per share.

What's Next for Take-Two

Now all eyes turn to the release of the highly anticipated "GTA 6" on Nov. 19. "The launch of Grand Theft Auto VI is 10 days away and, with preorders continuing to reach unprecedented levels, we expect to deliver a historic year for our company," Take-Two CEO Strauss Zelnick said.

The company is reiterating its fiscal 2027 outlook of net bookings in a range of $8.00 billion to $8.20 billion. Full-year net revenue is guided to be in a range of $7.98 billion to $8.18 billion, up from a prior range of $7.90 billion to $8.10 billion. Adjusted earnings per share are expected in a range of $5.75 to $6 for the full fiscal year.

For the third quarter, the company sees sales in a range of $3.35 billion to $3.50 billion and earnings per share in a range of $3.80 to $4. That compares to Street guidance of $3.38 billion and $3.95, respectively.

Zelnick also said the company will explore business opportunities, pursue accretive M&A and expand its geographic footprint to unlock earnings power and shareholder value.