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 Takes $400MM

Take-Two Interactive Software's Third Quarter Fiscal 2013 earnings are now public, showing the company pulled in a cool $400 million, allowing them to authorize the repurchase of up to 7.5 million shares their common stock. Here are the highlights:

For its third quarter fiscal 2013, GAAP net revenue was $415.8 million, as compared to $236.3 million for its third quarter fiscal 2012. Non-GAAP net revenue was $405.0 million, as compared to $236.3 million for the year-ago period. GAAP net income from continuing operations was $70.9 million, or $0.66 per diluted share, as compared to $14.2 million, or $0.16 per diluted share, for the year-ago period. Non-GAAP net income was $78.8 million, or $0.67 per diluted share, as compared to $29.0 million, or $0.27 per diluted share, for the year-ago period. As of December 31, 2012, the Company had cash and cash equivalents of $448.7 million.

The strongest contributors to net revenue in the third quarter were the release of NBA 2K13, continuing sales of Borderlands 2, the release of XCOM: Enemy Unknown, and catalog sales led by Grand Theft Auto IV and Red Dead Redemption. Catalog sales accounted for 22% of Non-GAAP net revenue. Revenue from digitally delivered content grew 244% year-over-year and accounted for 23% of Non-GAAP net revenue, driven by offerings for the Borderlands franchise particularly digital sales of Borderlands 2 and its add-on content, XCOM: Enemy Unknown, the Grand Theft Auto franchise, and NBA 2K13.

Email Digg Facebook Twitter   Share More    


 

  
   Current Headlines
BlizzCon 2014 in November; Ticket Sales Next Month
Borderlands 1 & Civilization III/IV MP Moving to Steam
Steamships Ahoy - Rube Works: The Official Rube Goldberg Invention Game
The Adventures of Space Jade Demo
Star Lords Becomes Lords of the Black Sun; Enters Beta
On Sale
Evening Interviews
Evening Previews
Evening Consolidation
Evening Mobilization
Evening Metaverse
Evening Tech Bits
Evening Safety Dance
Evening Legal Briefs
etc., etc.
Into the Black
Next Dragon Age Begins in October
GRID Autosport Announced
King's Bounty: Dark Side Announced
Rise of Incarnates Announced
  

 



footer

.. .. ..

Blue's News logo