Take 2's Suffers in GTA Free Holiday

But the outlook for 2010 is goood.

Posted by Staff
Take 2's Suffers in GTA Free Holiday
Take Two has announced its latest quarterly financials, posting net revenue of $334.3 million over the Christmas period compared to $360.4 million a year ago. That's a fair drop, but understandable given that the publisher has had expansion packs and Game of the Year editions to show for it.

Big sellers for the company included NBA2K11, which has sold nearly 4 million units worldwide, Red Dead Redemption (8 million units since its release back in May 2010) and its standalone disc expansion Undead Nightmare, Sid Meier's Civilization V and Game of the Year/Complete editions of GTAIV and Borderlands.

More positive news was that the company increased its net revenue for the nine months ending 31st December 2010 by 80 per cent year-over-year, to $954.6 million. That's buoyed T2 enough to increase its financial results guesstimate for the Q4 period - guidance now stands at $130 to $150 million for the quarter ending 31st March.

The publisher hopes to ride a wave of AAA releases to ultimate financial victory this coming year, and chances are they could do it without Rockstar North's help - Gearbox's completion of Duke Nukem Forever could be the epic creamfest of a many million fanboys around the world. The Darkness II, Top Spin 4, L.A. Noire and a new Carnival Games for Kinect will help allay fears that the company is a sitting duck without a GTA5 in the foreseeable future.


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