Grand Theft Auto developers lack strong play game Q2 10.1 million dollars

Source: Internet
Author: User
Keywords Revenue Grand theft rook taketwo playing games
Tags .net company compared data developers development development company game
May 27 News, "Grand Theft Auto 4" game to (2008) years of the listing will cause a sensation, sales of long red to the game Software development company Take-twointeractivesoftwareinc. Good earnings, but 2nd quarter of this year (end of April 30)  The company's revenues were less than last year, with earnings losses. According to foreign media reports, Take-two disclosed that the 2nd quarter net loss amounted to 10.1 million U.S. dollars, or equal to 13 cents per share, compared with the results of last year's earnings of 98.2 million U.S. dollars, or 1.29 dollars per share, while the revenue fell 57% to about 230 million U.S. dollars.  After deducting some of the costs, the net loss fell to 4 cents per share, less than the analyst's average of 13 cents. Sales have exceeded analysts ' forecasts of about $218 million, as the online version of the Grand Theft Auto and the sale of baseball games helped boost revenue.  "Grand Theft Auto 4" was listed in the 2nd quarter of last year, with an unprecedented first-day sales of about $310 million trillion, and the company's earnings for the first profit in 3 years.  Take-two shares fell 0.14 or 1.59% per cent after yesterday's intraday, to $8.69. Take-two forecast the cost, the 3rd quarter will lose 55 cents to 65 cents per share, revenue in 1.45–1.65 billion. In the 3rd quarter, the company will launch 2 games, and in the last quarter, there are 8 games ready to be published.  Analysts forecast a net loss of 2 cents per share in the 3rd quarter, with revenues of about $235 million trillion.  Take-two also postponed the release date of 2 games-"Sihai Brothers 2" and "Red Death Redemption" will be released in the first half of 2010. President Strauss Zelnick says the company is cutting costs and is committed to developing more new works, so the company's reliance on "Grand Theft Auto" is not too high.  and pointed out that in the 4th quarter will be sold "bio-Jones 2", is a good example of the company's efforts to develop. (Zebian: Mut) Author: Wood
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