Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
Customize
User Settings
Styles:
LAN Parties
Upcoming one-time events:

Regularly scheduled events

Take-Two's Q1 Losses; New GTA Next Year?

Forbes has the financial report from Take-Two Interactive for the publisher's just-ended fiscal Q1 2012, which shows a net loss of $8.7 million USD (11 cents per share) compared with earnings of $26.3 million USD (30 cents per share) for the same period last year. The article attributes the downturn to "weak sales of 'Duke Nukem Forever' and higher marketing and other expenses," even though it later quotes Chairman and CEO Strauss Zelnick saying the first-person shooter was profitable (though he did express disappointment in the game's reviews). Despite the losses, the company is still projecting a profitable fiscal 2012, and $2.00 per share earnings in fiscal 2013 (which begins in April 2012), prompting speculation that this is when the next installment in the Grand Theft Auto series is expected.

View
11. Re: Take-Two's Q1 Losses; New GTA Next Year? Aug 9, 2011, 14:21 DG
 
Perhaps GTA: London wouldn't be for the best right now  
Avatar 14793
 
Previous Post Next Post Reply Quote Edit Delete Report
 
    Date Subject Author
  1. Aug 8, 18:33 Re: Take-Two's Q1 Losses; New GTA Next Year? nin
  2. Aug 8, 18:51 Re: Take-Two's Q1 Losses; New GTA Next Year? Cutter
  3. Aug 8, 18:59  Re: Take-Two's Q1 Losses; New GTA Next Year? Trevellian
  4. Aug 8, 19:25   Re: Take-Two's Q1 Losses; New GTA Next Year? The Half Elf
  5. Aug 8, 20:28    Re: Take-Two's Q1 Losses; New GTA Next Year? Rattlehead
  8. Aug 9, 06:22     Re: Take-Two's Q1 Losses; New GTA Next Year? Dev
  10. Aug 9, 13:15      Re: Take-Two's Q1 Losses; New GTA Next Year? Rattlehead
>> 11. Aug 9, 14:21       Re: Take-Two's Q1 Losses; New GTA Next Year? DG
  6. Aug 8, 21:23 Re: Take-Two's Q1 Losses; New GTA Next Year? Creston
  7. Aug 9, 05:17  Re: Take-Two's Q1 Losses; New GTA Next Year? Jackplug
  9. Aug 9, 07:45   Re: Take-Two's Q1 Losses; New GTA Next Year? Trevellian


footer

.. .. ..

Blue's News logo