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access_time August 1, 2012 at 11:27 AM in News by Adam Larck

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.

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