Take-Two Interactive Software post a loss
December 18th, 2008 Leave a comment Visited 112 times, 3 so far today
Take-Two Interactive Software post a loss
Take-Two Interactive Software has come out with their latest revenue report and the company has posted a wider quarterly loss.
The company has also now forecast a sharp drop in sales revenue for the current quarter.
Take-Two has posted a net loss of $15 million in the quarter that ended in October.
The revenues were up at $323.4 million as they gained from sales of their titles including Midnight Club: Los Angeles, NBA 2K9, and Grand Theft Auto IV.
Take-Two Chairman Strauss Zelnick admitted that the company has “witnessed significant softness” in retail sales.
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