Take-Two Revenue Up Big During Q2
Posted by Adam Larck on 10.31.2012
Borderlands 2 ships 5 million copies.
Take-Two ended the second quarter in strong financial standing.
The company reported revenues of $273.1 million, up 155 percent from last year. However, the company still had a $12.5 million net loss. Still, this is up from the $123.3 million loss last year.
The biggest contributor for the company was Borderlands 2, which shipped over 5 million units. XCOM: Enemy Unknown also performed strongly.
Take-Two also lowered its outlook by $600 million for the fiscal year after giving Grand Theft Auto 5 a spring 2013 release window.
