(Reuters) – Take-Two Interactive Software forecast third-quarter bookings below Wall Street expectations on Wednesday, as consumers cut spending budgets owing to higher-for-longer inflation and an uncertain economy.
The videogame publisher forecast bookings in the range of $1.35 billion to $1.40 billion, compared with estimates of $1.44 billion, as per data compiled by LSEG.
(Reporting by Zaheer Kachwala in Bengaluru; editing by Alan Barona)
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