0948 ET - Take-Two Interactive Software isn't seeing a significant pull-back from consumers due to macroeconomic volatility, executives tell analysts on a call. Recurrent spending within the video-game company's mobile business declined 7% and is expected to continue falling, executives say. However, they say this is because some of its games did especially well last year, including Color Block Jam, so the comparisons are difficult. While there is some pressure on user acquisition, executives don't see it as related to broader macro problems.
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