Take Two Interactive performs a bit better

Video game publisher Take-Two Interactive Software has come out with their latest revenue report and the company has posted a smaller-than-expected quarterly loss.

The company gained from improved sales of their titles including “The Darkness” and the game based on the movie “Fantastic Four”.

Take Two further said that they believe that their 2008 earnings would exceed Wall Street estimates.

They are scheduled to launch their much awaited gaming title “Grand Theft Auto IV” in the coming months which should boost their revenues massively.

Take Two is also benefiting from cost cutting efforts which has helped them cut losses.