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
Heroes of the Storm New Hero Reveal Next Week
Giant Machines 2017 Released
Diablo III Season Ends in Two Weeks
Evening Patches
Evening Interviews
Evening Consolidation
Evening Mobilization
Evening Metaverse
Evening Tech Bits
Evening Legal Briefs
etc., etc.
Into the Black
Battleborn F2P Rumor Denied
Breakaway Announced
New World Announced
Crucible Announced
Titanfall 2 Gameplay Footage
Non-Lethal Dishonored 2 Trailer
Dungeons & Darkness Released
Farming Simulator 17 Train Trailer
  

 



footer

Blue's News logo