Take-Two Interactive Software raised its full-year earnings outlook after its fiscal third-quarter quarter loss wasn't as bad as analysts expected.

The videogame company on Thursday said it expects a net loss of $4.50 a share to $4.17 a share for its fiscal 2025, ending March 31. It previously guided for a per-share loss of $4.80 to $4.43. Analysts surveyed by FactSet are expecting a loss of $4.41 a share.

Take-Two also backed its revenue outlook of $5.57 billion to $5.67 billion for the year, the midpoint of which is ahead of the $5.61 billion that analysts forecast.

Shares rose 6.9%, to $195.75, in after-hours trading. The stock ended the regular session about 1% lower, at $183.08, and is up 8% in the past year.

For its fiscal fourth quarter, also ending March 31, Take-Two guided for revenue of $1.52 billion to $1.62 billion, compared with the $1.54 billion that analysts are looking for. It expects a loss of 20 cents a share to earnings of 13 cents a share, compared with analyst estimates for earnings of 2 cents a share.

Take-Two's outlook came as it reported a loss of $125.2 million, or 71 cents a share, for the quarter ended Dec. 31, compared with a loss of $91.6 million, or 54 cents a share, a year earlier. Analysts surveyed by FactSet were expecting a per-share loss of 95 cents.

Revenue was roughly flat at $1.36 billion, below the $1.39 billion that analysts were looking for.

Take-Two shares rose 6.4% to $194.8 in after-hours trading Thursday.

Total net bookings, which combine total net revenue and the change in deferred net revenue for online-enabled games, grew 3% to $1.37 billion, boosted by games such as "NBA 2K25" and "Grand Theft Auto Online."

Chief Executive Strauss Zelnick said this calendar year is shaping up to be one of the company's strongest, citing its pipeline of upcoming games such as "Sid Meier's Civilization VII" this month, "Mafia: The Old Country" this summer and "Grand Theft Auto VI" in the fall.