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11-08-2011, 03:10 PM
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Take-Two Interactive recently released its financial figures (http://ir.take2games.com/phoenix.zhtml?c=86428&p=irol-newsArticle&ID=1594361&highlight=) for the second quarter of the 2012 fiscal year, boasting "better-than-expected" net revenue of $107 million. That figure -- driven largely by L.A. Noire (http://www.joystiq.com/game/la-noire) and MLB 2K11 sales -- pales in comparison to the company's $245 million in earnings from the same period last year. Of course, that period last year had Civilization 5, Mafia 2 and Red Dead Redemption on the docket, so there's that.
Despite the surprise upswing, Take-Two didn't revise its expectations for the entire fiscal year, during which it hopes to earn around $1 billion in revenue. Though they didn't explicitly say so, we're assuming they've revised expectations for whichever quarter Grand Theft Auto V will launch in to "three bajillionty dollars."http://www.blogsmithmedia.com/www.joystiq.com/media/feedlogo.gif (http://www.joystiq.com)Take-Two earns $107m in second fiscal quarter, thanks to L.A. Noire (http://www.joystiq.com/2011/11/08/take-two-earns-107m-in-second-fiscal-quarter-thanks-to-l-a-no/) originally appeared on Joystiq (http://www.joystiq.com) on Tue, 08 Nov 2011 17:30:00 EST. Please see our terms for use of feeds (http://www.weblogsinc.com/feed-terms/).
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Take-Two Interactive recently released its financial figures (http://ir.take2games.com/phoenix.zhtml?c=86428&p=irol-newsArticle&ID=1594361&highlight=) for the second quarter of the 2012 fiscal year, boasting "better-than-expected" net revenue of $107 million. That figure -- driven largely by L.A. Noire (http://www.joystiq.com/game/la-noire) and MLB 2K11 sales -- pales in comparison to the company's $245 million in earnings from the same period last year. Of course, that period last year had Civilization 5, Mafia 2 and Red Dead Redemption on the docket, so there's that.
Despite the surprise upswing, Take-Two didn't revise its expectations for the entire fiscal year, during which it hopes to earn around $1 billion in revenue. Though they didn't explicitly say so, we're assuming they've revised expectations for whichever quarter Grand Theft Auto V will launch in to "three bajillionty dollars."http://www.blogsmithmedia.com/www.joystiq.com/media/feedlogo.gif (http://www.joystiq.com)Take-Two earns $107m in second fiscal quarter, thanks to L.A. Noire (http://www.joystiq.com/2011/11/08/take-two-earns-107m-in-second-fiscal-quarter-thanks-to-l-a-no/) originally appeared on Joystiq (http://www.joystiq.com) on Tue, 08 Nov 2011 17:30:00 EST. Please see our terms for use of feeds (http://www.weblogsinc.com/feed-terms/).
Permalink (http://www.joystiq.com/2011/11/08/take-two-earns-107m-in-second-fiscal-quarter-thanks-to-l-a-no/) | Email this (http://www.joystiq.com/forward/20101815/) | Comments (http://www.joystiq.com/2011/11/08/take-two-earns-107m-in-second-fiscal-quarter-thanks-to-l-a-no/#comments)http://feedads.g.doubleclick.net/~at/9X9Zl2H7pS1-2W8EsGfvD0LexnA/0/di (http://feedads.g.doubleclick.net/~at/9X9Zl2H7pS1-2W8EsGfvD0LexnA/0/da)
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http://feeds.feedburner.com/~ff/weblogsinc/joystiq?i=LDVJzC6oeec:JSjxVhQRQK8:wF9xT3WuBAs (http://feeds.joystiq.com/~ff/weblogsinc/joystiq?a=LDVJzC6oeec:JSjxVhQRQK8:wF9xT3WuBAs) http://feeds.feedburner.com/~ff/weblogsinc/joystiq?i=LDVJzC6oeec:JSjxVhQRQK8:V_sGLiPBpWU (http://feeds.joystiq.com/~ff/weblogsinc/joystiq?a=LDVJzC6oeec:JSjxVhQRQK8:V_sGLiPBpWU)
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