Take-Two swings to loss in second quater

By Patrick Garratt, Tuesday, 26 May 2009 21:49 GMT

t2logo

Take-Two’s posted a $10.1 million loss for the second quarter, or 13 cents a share, compared with a year-earlier profit of $98.2 million, or $1.29 a share.

Revenue was $229.7 million, down 57% from $539.8 million in the year-ago period that featured the debut of Grand Theft Auto IV.

The company has projected a fiscal third-quarter loss of 55 cents to 65 cents on revenue of $145 million-$165 million.

The firm announced the second piece of GTA IV DLC today, as well as pushing two key titles in Red Dead Redemtion and Mafia II back into the second half of the fiscal year.

Sometimes we include links to online retail stores. If you click on one and make a purchase we may receive a small commission. For more information, go here.

Comments

Headlines

Take Two Q2 Financials 2009

  • Take-Two Q2 results for May 26

    Take-Two will deliver its second quarter results on May 26, next Tuesday. This is for the three months ending April 30. The conference call will start at 4.30pm EST, and can be accessed by dialing (877) 407-0984 or (201) 689-8577. Alternatively, you’ll be able to listen in here. What’s that? GTA DLC news?