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Take-Two Financials

Take-Two Interactive Software announces results for their Fourth Quarter and Fiscal Year 2013, calling the numbers "strong." Here's the outlook for the year:

For fiscal year 2013, GAAP net revenue was $1.214 billion, as compared to $825.8 million for fiscal year 2012. Non-GAAP net revenue was $1.222 billion, as compared to $825.8 million for the prior fiscal year. GAAP net loss from continuing operations was $31.2 million, or $0.36 per diluted share, as compared to $107.7 million, or $1.30 per diluted share, for the prior fiscal year. Non-GAAP net income was $33.1 million, or $0.36 per diluted share, as compared to a Non-GAAP net loss of $59.4 million, or $0.71 per diluted share, for the prior fiscal year. Both GAAP loss from continuing operations and Non-GAAP net income for fiscal year 2013 include the $15 million negative impact from a one-time contractual obligation, which was recorded in fiscal first quarter 2013.

The largest contributors to net revenue in fiscal year 2013 were Borderlands 2, NBA 2K13, BioShock Infinite, Max Payne® 3, Grand Theft Auto IV, XCOM®: Enemy Unknown and Red Dead Redemption. Revenue from digitally delivered content grew 148% year-over-year and accounted for 22% of Non-GAAP net revenue, driven by offerings for Borderlands 2, the Grand Theft Auto franchise, NBA 2K13, Sid Meier’s Civilization V and XCOM: Enemy Unknown.

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4. Re: Take-Two Financials May 13, 2013, 22:10 Dev
Brumbek wrote on May 13, 2013, 21:35:
Wow, Red Dead Redemption a top contributor even now almost exactly 3 years from release. I admit I bought a Playstation 3 last December to play Red Dead (and a few other titles like Ni no Kuni). Red Dead has some of the greatest acting, writing, and voice work ever, IMO.
And, if Rockstar would ever bother to put it on PC (the platform they got their start on), they'd make millions more bucks, including the ones I'd throw at them.
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