Q2 bookings guidance overshadows stronger first quarterTake-Two reported first-quarter net bookings of $1.39 billion, exceeding both its own guidance range and the Wall Street consensus estimate of $1.37 billion. However, management forecast second-quarter net bookings of between $1.62 billion and $1.67 billion, falling short of the approximately $1.79 billion expected by the market. Chief Executive Strauss Zelnick described GTA VI pre-orders as "exceptional and unprecedented," although he stopped short of providing specific figures. Analysts remain positive despite softer guidanceWall Street sentiment towards Take-Two remains broadly constructive following the results. Investors are also looking towards August 27, when an extended look at GTA VI is scheduled to debut on Netflix.