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02-05-2013, 05:10 PM
http://www.blogcdn.com/www.joystiq.com/media/2012/10/2kgmktxcomeudlcpromoimageslingshot_530x298.jpg (http://www.joystiq.com/2013/02/05/take-two-interactive-bags-405-year-over-year-profit-increase-du/)
Take-Two Interactive has released its financial report (http://ir.take2games.com/phoenix.zhtml?c=86428&p=irol-newsArticle&ID=1781747&highlight) for the three month period ending on December 31, 2012, or "Q3 2013" in technical terms. The company raked in net revenue (read: gross income) of $415.7 million during that period; a 75.9 percent increase over the $236.3 million it earned in Q3 of fiscal 2012.
Net income (read: profit) was also up year-over-year, $71.3 million during Q3 2013 versus $14.1 million in 2012, which is an astonishing 405.9 percent increase. Meanwhile, Take-Two's nine month year-to-date figures are reporting a loss of $51.9 million, down from the $41.9 million loss reported at this same time in fiscal 2012.
Revenues accrued from digital sales were up 244 percent year-over-year, an increase that Take-Two attributes to Borderlands, Borderlands 2, XCOM: Enemy Unknown, NBA 2k13, the Grand Theft Auto series and all of those games' respective DLC.http://www.blogsmithmedia.com/www.joystiq.com/media/feedlogo.gif (http://www.joystiq.com)Take-Two Interactive bags 405% year-over-year profit increase during Q3 2013 (http://www.joystiq.com/2013/02/05/take-two-interactive-bags-405-year-over-year-profit-increase-du/) originally appeared on Joystiq (http://www.joystiq.com) on Tue, 05 Feb 2013 16:55:00 EST. Please see our terms for use of feeds (http://www.weblogsinc.com/feed-terms/).
Permalink (http://www.joystiq.com/2013/02/05/take-two-interactive-bags-405-year-over-year-profit-increase-du/) | Email this (http://www.joystiq.com/forward/20449617/) | Comments (http://www.joystiq.com/2013/02/05/take-two-interactive-bags-405-year-over-year-profit-increase-du/#comments)
Take-Two Interactive has released its financial report (http://ir.take2games.com/phoenix.zhtml?c=86428&p=irol-newsArticle&ID=1781747&highlight) for the three month period ending on December 31, 2012, or "Q3 2013" in technical terms. The company raked in net revenue (read: gross income) of $415.7 million during that period; a 75.9 percent increase over the $236.3 million it earned in Q3 of fiscal 2012.
Net income (read: profit) was also up year-over-year, $71.3 million during Q3 2013 versus $14.1 million in 2012, which is an astonishing 405.9 percent increase. Meanwhile, Take-Two's nine month year-to-date figures are reporting a loss of $51.9 million, down from the $41.9 million loss reported at this same time in fiscal 2012.
Revenues accrued from digital sales were up 244 percent year-over-year, an increase that Take-Two attributes to Borderlands, Borderlands 2, XCOM: Enemy Unknown, NBA 2k13, the Grand Theft Auto series and all of those games' respective DLC.http://www.blogsmithmedia.com/www.joystiq.com/media/feedlogo.gif (http://www.joystiq.com)Take-Two Interactive bags 405% year-over-year profit increase during Q3 2013 (http://www.joystiq.com/2013/02/05/take-two-interactive-bags-405-year-over-year-profit-increase-du/) originally appeared on Joystiq (http://www.joystiq.com) on Tue, 05 Feb 2013 16:55:00 EST. Please see our terms for use of feeds (http://www.weblogsinc.com/feed-terms/).
Permalink (http://www.joystiq.com/2013/02/05/take-two-interactive-bags-405-year-over-year-profit-increase-du/) | Email this (http://www.joystiq.com/forward/20449617/) | Comments (http://www.joystiq.com/2013/02/05/take-two-interactive-bags-405-year-over-year-profit-increase-du/#comments)