vacancies advertise contact news tip The Vault
EPIC HEXUS COMPETITION: Win a Moto 360 or Omate X smartwatch.! [x]
facebook rss twitter

Take-Two ships five million copies of Borderlands 2

by Mark Tyson on 1 November 2012, 11:00

Tags: Take-Two Interactive (NASDAQ:TTWO), Rockstar Games (NASDAQ:TTWO), PC

Quick Link: HEXUS.net/qabonb

Add to My Vault: x

New York based video game publisher Take-Two Interactive has just published its financial results for the preceding quarter, ending 30th September. Among the data the company reveals that revenue has surged thanks to the release of the highly anticipated Borderlands 2 video game. Also success of titles such as NBA 2K13 and XCOM: Enemy Unknown have helped push the publisher’s results well past analyst expectations.

Take-Two Interactive Software shares surged more than five per cent due to the unexpectedly good results. Strauss Zelnick, Chairman and CEO of Take-Two said of the latest results “Take-Two’s second quarter revenue and earnings exceeded our outlook, driven by the breakout success of 2K’s Borderlands 2 and robust demand for our catalog and digitally delivered offerings.” In the last quarter the company made $10.2 million profits on revenue of $288 million. Analysts had been expecting the company to make a loss. Also, for comparison, in the same quarter last year revenue was a much smaller $107 million.

GTA5As well as the success of published and available games it is expected that some of the share price boost came from Take-Two announcing the release window for the very highly anticipated Grand Theft Auto V video game. GTA5 is slated for release in spring 2013. Looking at continued and future company performance Take-Two’s CEO added “Our business continues to fire on all cylinders, led by terrific early results from 2K’s NBA 2K13, and the outlook for our upcoming releases such as BioShock Infinite is stronger than ever. As a result, we continue to expect to deliver revenue growth and Non-GAAP profits in fiscal year 2013. Moreover, with Grand Theft Auto V slated for spring 2013, we are poised to generate substantial revenue and earnings growth in fiscal year 2014.”

Take-Two is also progressing in developing mobile and tablet games and “plans to release Grand Theft Auto: Vice City for a wide range of iOS and Android devices in the fall to celebrate the 10th anniversary of one of the top-selling games of all time for the PlayStation 2”. The company’s 2K Games business has also recently released well received titles for the iPhone, iPad, iPod touch, Android and Kindle including “GridBlock, a physics-based puzzle game that has received positive accolades for its use of the accelerometer feature in mobile devices”.


The company kindly included a summary of the upcoming release schedule within the latest results press release.

Take-Two Interactive Software release schedule;

Label

 

 

Title

 

 

Platforms

 

 

Planned Release

2K Games

   

Borderlands Legends

   

iOS

   

October 31, 2012

2K Games

   

XCOM: Enemy Unknown: Slingshot Content Pack (DLC)

   

Xbox 360, PS3, PC

   

TBA

Rockstar Games

   

Grand Theft Auto: Vice City

   

iOS, Android

   

Fall 2012

Rockstar Games

   

Max Payne 3: Painful Memories Map Pack (DLC)

   

Xbox 360, PS3, PC

   

TBA

Rockstar Games

   

Max Payne 3: Deathmatch Made In Heaven Mode Pack (DLC)

   

Xbox 360, PS3, PC

   

TBA

Rockstar Games

   

Rockstar Games Collection: Edition 1

   

Xbox 360, PS3

   

November 6, 2012

2K Play

   

Herd, Herd, Herd

   

iOS, Android, Kindle

   

November 15, 2012

2K Sports

   

NBA 2K13

   

WiiU

   

November 18, 2012

2K Play

   

Nickelodeon Dance 2

   

TBA

   

November 2012

2K Play

   

Bubble Guppies

   

DS

   

November 2012

2K Play

   

Dora & Team Umizoomi’s Fantastic Flight

   

DS

   

November 2012

2K Play

   

Carnival Games MiniGolf

   

Mobile (TBA)

   

Winter 2013

2K Games

   

BioShock Infinite

   

Xbox 360, PS3, PC

   

February 26, 2013

Rockstar Games

   

Grand Theft Auto V

   

Xbox 360, PS3

   

Spring 2013

2K Games

   

XCOM

   

Xbox 360, PS3, PC

   

Fiscal Year 2014



HEXUS Forums :: 6 Comments

Login with Forum Account

Don't have an account? Register today!
The big title there is clearly Bubble Guppies.
bridges009
The big title there is clearly Bubble Guppies.


Made me smile here. Thanks :-D Pity GTA first comes to PS3 and XBox 360. I was just about to pimp up my PC with new GPU for the occasion - hopefully NVidia 7xx series. Well, good news is by the time GTA V is out for PC NVidia should have nearly full range of GTX 7xx series out :-)
2K have made quite a few nice games recently aswell. Bioshock 2 and 1 were both superb. I think they had a hand in a few of the steam games I play aswell, although i can't remember the names off the top of my head.
Just about to start the final "Boss" fight :D
Can not wait for GTA V it need to come quick