Today's Hard|Forum Post
Today's Hard|Forum Post

Tuesday July 30, 2013

Take-Two Reports $62M Loss

How did these guys post a $62 million loss with games like Borderlands 2 and Bioshock Infinite? The funny thing is, these results were better than expected. eek! Good thing GTA V is right around the corner.

Take-Two has reported its financials for Q1 fiscal year 2014 and announced during a call to investors this evening that BioShock Infinite moved over 4 million units. For the quarter ending June 30, 2013 net revenue reported was $142.7 million, compared to $226.1 million year-over-year آ– a period which benefited from the release of Max Payne 3 and Spec Ops The Line. The firm reported a net loss of $61.9 million compared to $110.8 million year-over-year.