Take-Two Interactive posts quarterly results, sales numbers
Key franchises selling over 10 million units to date, XCOM delayed
Take-Two Interactive has reported better-than-expected results for the second quarter of its fiscal year 2012, ended September 30, 2011.
For the second quarter of fiscal 2012, net revenue was $107.0 million, as compared to $245.0 million for the second quarter of fiscal 2011, which had benefited from the releases of Mafia II and Sid Meier's Civilization V, and the post-launch performance of Red Dead Redemption. The strongest contributors to net revenue in the second quarter this year were catalog titles and digitally delivered content.
"Our second quarter results exceeded expectations, driven by strong demand for the Company's catalog offerings and digitally delivered add-on content that deepens the consumer experience," said Strauss Zelnick, Chairman and CEO of Take-Two. "The second half of the year is off to a solid start with the launch of NBA 2K12. We expect to build upon this momentum through the balance of this year with groundbreaking new releases, including Max Payne 3 from Rockstar Games and The Darkness II from 2K Games, and a broad array of other offerings."
2K Games revealed that Sid Meier's Civilization V for PC has sold-in nearly 11 million units worldwide. The Red Dead Redemption franchise has sold-in over 13 million units. L.A. Noire, released for PC this week, has sold-in more than 4 million units since its launch on consoles earlier this year. 2K Games has also said it now expects to release XCOM during fiscal 2013.
For the future, Take Two has lined up a number of titles it hopes will produce well on the market. Games include The Darkness II (February), Max Payne 3 (March), BioShock Infinite (2012), Spec Ops: The Line (2012), XCOM (2012), and recently announced Grand Theft Auto V (2012-2013).
For the second quarter of fiscal 2012, net revenue was $107.0 million, as compared to $245.0 million for the second quarter of fiscal 2011, which had benefited from the releases of Mafia II and Sid Meier's Civilization V, and the post-launch performance of Red Dead Redemption. The strongest contributors to net revenue in the second quarter this year were catalog titles and digitally delivered content.
"Our second quarter results exceeded expectations, driven by strong demand for the Company's catalog offerings and digitally delivered add-on content that deepens the consumer experience," said Strauss Zelnick, Chairman and CEO of Take-Two. "The second half of the year is off to a solid start with the launch of NBA 2K12. We expect to build upon this momentum through the balance of this year with groundbreaking new releases, including Max Payne 3 from Rockstar Games and The Darkness II from 2K Games, and a broad array of other offerings."
2K Games revealed that Sid Meier's Civilization V for PC has sold-in nearly 11 million units worldwide. The Red Dead Redemption franchise has sold-in over 13 million units. L.A. Noire, released for PC this week, has sold-in more than 4 million units since its launch on consoles earlier this year. 2K Games has also said it now expects to release XCOM during fiscal 2013.
For the future, Take Two has lined up a number of titles it hopes will produce well on the market. Games include The Darkness II (February), Max Payne 3 (March), BioShock Infinite (2012), Spec Ops: The Line (2012), XCOM (2012), and recently announced Grand Theft Auto V (2012-2013).
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