Take-Two loses $138 million in 2009

By Patrick Garratt, Friday, 18 December 2009 09:03 GMT


Take-Two lost $138 million in fiscal 2009 compared to $97 million profit in the previous year, the company said last night.

Revenue fell from $1.5 billion in 2008 to $968 million in the year ending October 31, 2009.

Q4 revenue actually rose, up to $343.3 million this year, compared to $323.4 million in 2008.

The publisher did post an increased loss for the quarter, however, down to $22 million from $15 million a year ago.

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