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Take-Two Financials

Take-Two Interactive Third Quarter Fiscal 2012 Financial Results are online. Whip out your calculator, here are some numbers to crunch: "For the nine-month period ended December 31, 2011, net revenue was $677.7 million, as compared to $954.6 million for the year-ago period. GAAP loss from continuing operations was $41.7 million, or $0.50 per diluted share, as compared to GAAP income from continuing operations of $76.2 million, or $0.88 per diluted share, for the year-ago period. Non-GAAP net loss was $8.4 million, or $0.10 per diluted share, as compared to Non-GAAP net income of $108.8 million, or $1.15 per diluted share, for the year-ago period."

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14. Re: Take-Two Financials Feb 3, 2012, 19:20 ASeven
 
killer_roach wrote on Feb 3, 2012, 19:14:
All depends on the size, scale, and scope of the game you're doing. You don't see indies trying to make AAA titles for the most part - mostly because, on balance, they can't. For the foreseeable future, you'll need a publisher once your budgets exceed a certain level, and for many indies that level is astonishingly low (possibly anything over mid-five-figures is going to test the average indie dev's resolve to do on their own). It's not to say they can't make good games - just like in film or music, there's a lot of quality in the indie gaming scene - but their capacity for production value is, for the most part, considerably lower than it is for other forms of media.

Another interesting side note...
THQ's GAAP loss: $0.50 a share.
THQ's current share price: $0.53.
They lost almost the entire value of their company, and in the last quarter alone, no less.

Obviously, the financial aspect of going indie has always been it's great downside. However we've been seeing more and more indies showing up that have a more sturdy financial aspect. If the trend goes on hopefully one day we'll see indies with enough financial strength to do games with great production values.

As for THQ, yeah, they lost all their value in the last quarter. Today 30% plunge is perhaps the swansong for them, I don't believe they are able to recover from this past quarter. Metro 2034 has been postponed to 2013, not a good sign at all. Unfortunately, unless they change their administration right now and get competent people there, in a couple of months I can see THQ disassembled and their IPs put on sale, they are bleeding too much money too quickly and nobody is showing any sign of stopping it. This is the end for them, I fear.
 
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    Date Subject Author
  1. Feb 3, 11:19 Re: Take-Two Financials Wildone
  2. Feb 3, 11:42  Re: Take-Two Financials Prez
  3. Feb 3, 11:54   Re: Take-Two Financials Beamer
  4. Feb 3, 12:26 Re: Take-Two Financials MajorD
  5. Feb 3, 12:48  Re: Take-Two Financials ASeven
  7. Feb 3, 13:39   Re: Take-Two Financials HorrorScope
  8. Feb 3, 13:40    Re: Take-Two Financials ASeven
  9. Feb 3, 16:51     Re: Take-Two Financials netnerd85
  11. Feb 3, 18:37      Re: Take-Two Financials ASeven
  13. Feb 3, 19:14       Re: Take-Two Financials killer_roach
>> 14. Feb 3, 19:20        Re: Take-Two Financials ASeven
  15. Feb 4, 02:18        Re: Take-Two Financials netnerd85
  6. Feb 3, 13:38 Re: Take-Two Financials HorrorScope
  10. Feb 3, 17:30 Re: Take-Two Financials Cutter
  12. Feb 3, 18:43 Re: Take-Two Financials ASeven


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