Take-Two Releases First Quarter Fiscals
The first quarter fiscal numbers from Take-Two have been released.
Overall, the company had a net revenue of $226.1 million, down from last year’s $334.4 million. The company also had a GAAP loss of $110.8 million.
Take-Two also adjusted their FY 2013 outlook from $1.75-1.85 billion to $1.7-1.8 billion.
As far as games go, Max Payne 3 shipped 3 million units, but sales were lower than expected according to CEO Strauss Zelnick. Other titles helping out were NBA 2K12 and Spec Ops: The Line.
For upcoming games, Borderlands 2 is now the third highest pre-ordered game for the company behind GTA 4 and GTA: San Andreas.
Finally, investors had quite a few questions about Grand Theft Auto 5 for Strauss. Unfortunately, he stuck by the TBA release date and wouldn’t speculate on any window.