Take Two Full Year Earnings Report
Take Two has just announced their full year earnings report with a puffed out chest and a gigantic smile on their face, I’m sure. The numbers could not look better with games like Bioshock Infinite and Borderlands 2 leading the charge in sales, it’s no wonder that this company flipped their number compared to last year. They have made the comparisons between just one quarter (being the fourth) from last year and not only did they double the amount of money that they made in that quarter, they made a profit that almost matches the losses that they had last year.
This is great news and I know for a fact that many gamers, like myself, could not be happier to hear this as I myself purchased many of the games that helped this company get to this point. For the fiscal year, the net revenue of Take Two just so happens to be over 1.2 billion dollars and that is almost unheard of. But again with games like this, their blockbuster titles alone are proof of why this company was so successful and this means they know what track to stay on for next year. Some exciting news from the actual title’s sides of things are that Borderlands 2 is rapidly on its way to becoming 2K’s most successful title to date and other games like Max Payne 3, although not as popular, are showing some amazing numbers like four million units sold since May of last year.
I love how the CEO of Take Two Entertainment, Strauss Zelnick keeps his composure even after finding out incredible news like this and even goes as far as saying that they plan to stay on the path that got them here and brought up the month of their next huge launch which will be in September of 2013 for Grand Theft Auto V. Take Two deserves these numbers and we all can’t wait to see what comes from them next.