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Take-Two Interactive Reports "strong" results for fiscal year 2015, saying
Grand Theft Auto V has now sold more than 52 million copies. Here's word on the
losses these strong results produced: "For fiscal year 2015, GAAP net revenue
was $1.083 billion, as compared to $2.351 billion for fiscal year 2014, which
had benefited from the record-breaking launch of Grand Theft Auto V for
PlayStation 3 and Xbox 360. GAAP net loss was $279.5 million, or $3.48 per
diluted share, as compared to GAAP net income of $361.6 million, or $3.20 per
diluted share, for the prior fiscal year. GAAP results for fiscal year 2015
reflect the deferral of net revenue and cost of goods sold related to sell-in of
certain titles during the fiscal third and fourth quarters." Here are the
highlights:
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