Take-Two Interactive Software reports
Results for Fiscal First Quarter 2022
, calling these "better than expected."
Word is GAAP net revenue declined versus the same period last year: "GAAP net
revenue decreased 2% to $813.3 million, as compared to $831.3 million in last
year’s fiscal first quarter. Recurrent consumer spending (which is generated
from ongoing consumer engagement and includes virtual currency, add-on content
and in-game purchases) increased 15% and accounted for 70% of total GAAP net
revenue. The largest contributors to GAAP net revenue were NBA® 2K21 and NBA
2K20; Grand Theft Auto® Online and Grand Theft Auto V; Red Dead Redemption 2 and
Red Dead Online; Borderlands® 3; the WWE® series; Dragon City®; Sid Meier’s
Civilization® VI; and Two Dots®." A
tweet from Niko
Partners analyst Daniel Ahmad
) shows that stealing cars is still driving the revenue
Rockstar Games has confirmed that Grand Theft Auto V has surpassed
150 million units sold in.Update:
The franchise has sold in over 350 million units. The next gen version of GTA V
/ GTA Online is set to launch this holiday.
of this story originally mistakenly referred to 15M GTA5 sales, rather than
150M. Apologies for the error.