Tag Archives: take-two Q3 financials 2008

Speaking in an earnings call following the release of Q3 financials last night, Take-Two CEO Ben Feder said that old GTA titles have sold in seven figure units for the quarter.

“More than one million units of previous GTA titles were sold in the third quarter of fiscal 2008 alone,” said the exec.

“Based on GTA IV sales to date… we believe the lifetime Grand Theft Auto sales will ultimately track well ahead of any previous Grand Theft Auto titles.”

GTA IV, the publisher confirmed last night, has now sold more than 10 million units, and it to be pushed through the Christmas season by a new Rockstar PR and marketing campaign.

Read all the rest of our news from the financial release here.

In Take-Two’s third-quarter earnings call last night, CEO Ben Feder said that Rockstar is planning a new Christmas push for GTA IV.

“Rockstar is launching a new marketing and PR campaign which will start in the fall and extend into the Holiday season,” said the exec.

“Also as a must-have game for all fans of interactive entertainment, GTA IV we believe should receive a boost from the ramp up in hardware sales during the upcoming Holiday season.”

Feder said that Take-Two’s partner support for the game will extend through to 2009.

“In addition our hardware partners continue to be excited about the title and are planning to support GTA IV in a major way through early next year,” he added.

“The Japanese version of Grand Theft Auto IV is set for release on October 30th and the PC version is due out in November, both of which will open new chapters in the phenomenal performance of the game.”

Chairman Strauss Zelnick said he believed Christmas would be kind to the game.

“We’re comfortable where our inventory levels are and we’re comfortable that going into the fall and Holiday season that sales of GTA IV will pick up,” he said.

Take-Two confirmed last night that total sales of the action smash have moved through the 10 million unit mark.

Read all our news from the financial release here.

Take-Two’s financials are always great. What can be better than a ton of GTA announcements in the middle of the night? Nothing, that’s what. We live for this shit, buddy. We breathe action game news while everyone with half a brain’s asleep. Just in case you don’t, here’s all the info from last night’s third-quarter Take-Two results.

• Take-Two Q3 revenues up over 100% YoY
• Take-Two Q3 earnings call transcribed in full
• Take-Two CEO heavily hints at GTA Wii
• GTA IV sells over 10 million
• BioShock 2 confirmed for Take-Two’s fiscal 2009
• GTA: Chinatown Wars confirmed for fiscal 2009
• Take-Two re-confirms GTA IV 360 DLC for fiscal 2009
• Old GTA games sold 1 million units in May-July
• Rockstar launching new GTA IV campaign for autumn and Christmas

Seeking Alpha’s published the complete transcript of last night’s Take-Two Q3 earnings call. We’ll have a go at it later, but from the look of the web this morning there wasn’t much news to speak of. Do your worst: there’s ten pages of it.

Read all out news from the financial release here.

Let the wink-winking and nudge-nudgery begin. Speaking during yesterday’s Take-Two conference call, CEO Ben Feder opened his big mouth – and then closed it, giving us some juicy info during the interim.

When asked about a possible Wii version of GTA, Feder replied, “We’ve spent an enormous amount of time and effort working with Nintendo. We’re very proud of the partnership. GTA: Chinatown Wars is an important step [in that partnership]…and we intend to continue to grow that relationship.”

Obviously not a confirmation, but the door’s still wide open for Rockstar’s murder sim/life-saver to appear on the Wii.

MyGTA, anyone?

Thanks, Shacknews.

By Nathan Grayson

Take-Two has confirmed tonight that GTA IV has now sold more than 10 million units.

The news comes alongside Q3 results for fiscal 2008, which show the firm’s revenues for the period up over 100 percent year on year. Guess why.

Get the full results here.

Two-Two has confirmed that BioShock 2 will release in its fiscal 2009, meaning the game won’t ship before November 1 this year.

The news came as part of a financial statement detailing the firm’s third quarter for fiscal 2008.

Take-Two just confirmed that GTA: Chinatown Wars will ship in fiscal 2009, the 12 months beginning November 1 this year.

The news came as part of a financial statement detailing the firm’s third quarter for fiscal 2008.

Take-Two’s just re-confirmed it will ship DLC for the 360 version of GTA IV in fiscal 2009, beginning November 1 this year.

The news came as part of a financial statement detailing the firm’s third quarter for fiscal 2008.

The news comes after speculation today that the content is on track for a November release, and that it consists of two 10-hour episodes.

Previous chatter has claimed the DLC would not make calendar 2008.

Take-Two’s announced 2008 Q3 results that show revenues for the quarter up from $206.4 million to $433.8 million year on year.

Net income for the third quarter was $51.8 million or $0.67 per share, compared to a net loss of ($58.5) million or ($0.81) per share in the third quarter of fiscal 2007.

“I’m extremely pleased with our strong position heading into the holiday season,” said CEO Ben Feder.

“Our world-class holiday portfolio includes Grand Theft Auto IV, Top Spin 3, Sid Meier’s Civilization Revolution, and Carnival Games, as well as upcoming hits such as Midnight Club: Los Angeles, BioShock for PlayStation 3, and a range of sports titles.

“Longer term, we’re sharply focused on bringing our popular products to new regions and new markets, as we continue to seek opportunities for profitable growth and enhanced stockholder value.”

Press release after the break.

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