Take-Two Interactive Reports Positive Third Quarter on Red Dead Redemption Sales

| | Comments (0)
Take-Two InteractiveTake-Two Interactive reported its financial results for its third fiscal quarter ended July 31, 2010:
For the quarter, Take-Two Interactive reported net income of $5.920 million, compared to a net loss of $56.465 million in the same quarter the previous year. The company preferred to focus on the much higher number it reported as "Income from continuing operations," but FI prefers not to gloss over the $6.5 million loss related to Take-Two's discontinued operations.


Take-Two credited Red Dead Redemption with the massive turnaround and positive quarterly results. Red Dead Redemption sold just short of seven million copies, bolstering the quarter's financials. Supporting the contribution of Red Dead Redemption is the fact that 49% of revenues came from the sale of Xbox 360 games, 44% came from the sale of PlayStation 3 games and the remainder came from all other platforms combined.

Leave a comment

About this Entry

This page contains a single entry by Editor published on September 2, 2010 7:50 PM.

Battlefield: Bad Company 2 - Ultimate Edition Available for the Xbox 360 and PlayStation 3 was the previous entry.

Mad Catz CFO Resigns is the next entry.

Find recent content on the main index or look in the archives to find all content.

 

Add to Technorati Favorites