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 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.

Email Digg Facebook Twitter   Share More    


 

  
   Current Headlines
Free Content Coming to Gauntlet
Star Citizen Asset Leak
Memorial Day Patches
On Sale
Gatherings & Competitions
Memorial Day Interviews
Memorial Day Mobilization
Memorial Day Metaverse
Memorial Day Tech Bits
Memorial Day Safety Dance
Memorial Day Legal Briefs
Hardware Reviews
Out of the Blue
Battlefield 4 Spring Patch Tuesday
Steam Top 10
Sunday Mobilization
Sunday Metaverse
Sunday Tech Bits
Sunday Legal Briefs
Game Reviews
  

 



footer

Blue's News logo