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Take 2 Financials; Evolve Delayed

Take-Two Interactive Software, Inc. Reports Results for Fiscal First Quarter 2015, showing a loss for the period, but noting the results are better than expected, and shows "Non-GAAP revenue growth without the benefit of any major new releases." Word is: "For fiscal first quarter 2015, Non-GAAP net revenue grew 5% to $151.6 million, as compared to $144.3 million for the year-ago period. Non-GAAP net loss narrowed to $11.2 million, or $0.14 per diluted share, as compared to $47.1 million, or $0.54 per diluted share, for the year-ago period." In the discussion of the up and downs of their business, they reveal a delay to Evolve, presumably to ensure the upcoming first-person shooter is intelligently designed. Evolve was expected in October, but it has now been pushed back to February 10, 2015. Here's word: Here's word on that:

Announced that Evolve™, a new intellectual property for next-gen consoles and PC developed by Turtle Rock Studios, the creators of the cooperative shooter classic, Left 4 Dead, won more than 50 editorial honors at the 2014 Electronic Entertainment Expo, including the coveted Game Critics Award top honor for Best of Show. The title is now planned to launch globally on February 10, 2015.

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