Take Two Interactive has released its figures for its first fiscal quarter of 2012 (ending June 30th 2011): "For the first quarter ended June 30, 2011, net revenue was $334.4 million, as compared to $375.4 million for the year-ago period", it says.
So, that would be a loss then of $41m then. The company also states its net income for the period, and that makes some unpleasant reading:
Net income: Period three months to June 30th 2011 -$8,713 versus Period to June 30th 2010 +$26,314m
That's also a loss then.
Nevertheless - and of course - Strauss Zelnick, Chairman and CEO of Take-Two, commented, "During the first quarter, we delivered revenue and Non-GAAP profits that were in line with our expectations.
"Our results benefited from the launch of Rockstar's groundbreaking and critically acclaimed title - L.A. Noire
, the release of Duke Nukem Forever
, continued strong sales of NBA 2K11
and Red Dead Redemption
, and growth in digitally delivered content.
"Given our solid performance year-to-date and robust pipeline of upcoming new releases, we are well positioned to be profitable on a Non-GAAP basis in fiscal year 2012."
He also looks ahead, "Looking ahead to fiscal year 2013, we have already announced three exciting new releases: BioShock Infinite
, Spec Ops: The Line
, and Borderlands 2
, and we have a very strong pipeline of yet-to-be announced titles in development.
"As a result, we continue to expect to achieve substantial revenue and earnings growth, including Non-GAAP net income in excess of $2.00 per share."More information here.