Take-Two Posts $38M Loss For Fiscal Q1
Posted 12 March 2008 - 02:32 AM
Take-Two today posted their financial results, revealing a net loss of $38 million for their first fiscal quarter of 2008 (ended January 31st, 2008), compared to last year’s loss of $21.5 million. $16.5 million more was lost in comparison to last year sadly. Net revenue on the other hand was $240.4 million, which is a decrease from last year’s $277.3 million. Contributors to this year’s revenue were BioShock, the 2K Sports franchises, and of course, the Grand Theft Auto series.
Obviously, Take-Two went on to predict next quarter’s results would be much improved, since quite possibly their biggest game, GTA IV, will be released. One can’t help but wonder how these results will factor into the possible EA buyout, however don’t expect it to have much effect just yet, since Take-Two has gone on to say they’ll wait until after the release of GTA IV before any “talks” with EA.
Posted 12 March 2008 - 02:34 AM
Posted 12 March 2008 - 04:13 AM
Posted 12 March 2008 - 04:36 AM
Expect Bully to take in much revenue?
なんてことだ、私所有するため新参者 - 武士の人
Posted 14 March 2008 - 05:43 PM
I think It'll do well on the nextgen consoles (especially if they have extra content). I've been playing the PS2 version &
It's definitely a R* game, a GTA w/ less that people like J(A)T can bitch about but still a good game. If the X360 version
has decent extra content, I can see paying $50-60 for it.
If you love something, set it free. If it comes back, it's meant to be.
If not, point & laugh when it flies into a woodchipper.
0 user(s) are reading this topic
0 members, 0 guests, 0 anonymous users