Take-Two Interactive has reiterated its outlook for the current fiscal year after revealing the PS5 and Xbox Series X | S versions of Grand Theft Auto V and Grand Theft Auto Online have been delayed.

The U.S. publisher, which is the parent company of GTA developer Rockstar Games, said both titles are now planned to launch in March 2022 after initially being scheduled for release on November 11, 2021.

Despite that delay, the company told investors it remains on track to achieve GAAP net revenues of at least $3.14 billion and minimum net bookings of $3.2 billion by March 31, 2022.

The company said it will achieve those targets due to the "planned release of new games from its pipeline during the balance of its fiscal year," and also highlighted "strong engagement trends" in its existing catalog of titles.

As for the delays to GTA V and GTA Online, Take-Two explained both launches has been pushed back to give Rockstar "additional time to further polish the final products."