Take-Two reports $55.5 million loss, comments on delayed titles

By Matthew
Sep 2, 2009
  1. Video game publisher and developer Take-Two Interactive has posted a $55.5 million net loss for the quarter ending July 31, a grim sight next to its $51.8 million profit in the year-ago quarter. The company reported revenue of $138.6 million -- about $10 million less than forecasted. In the same quarter last year, the publisher saw revenues skyrocket to $433.8 following the successful launch of Grand Theft Auto IV.

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