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Take 2 Looks At A Stronger Year Ahead News
Jon Wilcox
12/03/2008
Expectations raised as Take Two Interactive looks towards the rest of the fiscal year...
Take Two Interactive has today raised its financial expectations for the rest of the 2008 fiscal year, which ends on October 31st 2008, just weeks after turning down an acquisition offer from Electronic Arts.
Revenues for the second quarter have been increased by over $50 million (£24.8 million) to $500 million (£247.7 million), with total revenues for the fiscal year topping $1.40 billion (£693.5 million) from $1.25 billion (£619.2 million).
For the first quarter of the 2008 fiscal year, which ran from November 2007 to January 2008, revenues dropped on the year from $277.3 million (£137.4 million) to $240.4 million (£119.1 million). Take Two's net losses also increased from $21.5 million (£10.7 million) to $38.0 million (£18.8 million), though both sets of figures exceeded the optimistic expectations previously posted by the publisher.
A list of titles expected to hit PC and consoles by the end of the fiscal year also confirmed the likes of Don Kings: Prizefighter, Top Spin 3, Civilization Revolution, Midnight Club: Los Angeles, and of course, Grand Thaft Auto IV. Looking ahead into the 2009 fiscal year, Take Two is expected to launch Gearbox Software's Borderlands, Mafia II from 2K Czech, Bioshock 2 by 2K Marin - and the return of a major Rockstar brand. Could this be the long-rumoured return of Red Dead Revolver???
gfh-77
Date Added:Mon 7th Jul 2008 16:14
yep the promotional codes for points and gamer pics no longer works, the codes have now expired even though there's no expiration date. nice one microsoft... [ Read full comment... ]
Anonymous
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randomuser
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gfh-77
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gfh-77
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Date Added:Tue 20th May 2008 11:56
where the love is the xbox 360 patch aint no update for us just love in Sony n its love in ps3 love dat n sort out 360 as well wiv it goin down in price it will b like all past consoles a flopp its getti... [ Read full comment... ]
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