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Take-Two up after lifting annual revenue, profit forecasts 

By Reuters News

** Shares of video game publisher Take-Two Interactive TTWO.O rise ~4% to $216.2192 in extended trading

** Co lifts its annual revenue and profit forecasts ahead of the highly anticipated Grand Theft Auto VI release

** Expects fiscal year 2027 total revenue of $7.98 billion to $8.18 billion, up from previous forecast of $7.90 billion to $8.10 billion

** Raises the lower-end of its full year profit forecast by 2 cents, now expects earnings per share of 57 cents to 75 cents

** However, TTWO forecasts Q3 bookings below analysts' estimates

** Expects Q3 bookings to be between $3.35 billion and $3.50 billion, versus analysts' average estimate of $3.51 billion, according to data compiled by LSEG

** Q2 total bookings fell 18% to $1.60 billion, missing estimates of $1.67 billion

** Up to last close, TTWO down about 19% YTD

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