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Take-Two Revenue Up Big During Q2

October 31, 2012 | Posted by Adam Larck

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.

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Adam Larck
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