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Take-Two Experiencing Financial Difficulties

Take-Two, which has been in the news a lot lately, has reported heavy losses in its second fiscal quarter of 2009.

Net revenue was reported at $ 229.7 million, down from $ 539.8 million in the same period last year. Net loss was reported at $ 10.1 million, compared to a gain of $ 98.2 million in the second quarter of 2008.

It looks as though they might be even more determined to win the lawsuit against 3D Realms to try and get back some money now. Who knows- with all the companies going down in the recession, perhaps they won't last that long...



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