World destruction comes in small shrink-wrapped packages...

2009/06/02

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...

Sources:

http://www.gamesindustry.biz/articles/take-two-reports-heavy-losses-in-q2
Share/Save/Bookmark

0 comments:

Post a Comment

If you’ve found this post helpful or humorous, why don't you bookmark it right now? You can do this by using the ‘share it’ or the ‘addthis’ buttons. Please feel free to share this article with others.

You may also leave a comment as well.

Bookmarking and commenting only takes a little time, and you can also consider subscribing to my RSS feed for more!

Thanks.

There was an error in this gadget
There was an error in this gadget

What does AAA stand for?

It's not an abbreviation of anything. It just means the best of the best... 

"Well, now you know the truth: Apocalypso's Atomic Arcade!"

English French German Spain Italian Dutch

Russian Portuguese Japanese Korean Arabic Chinese Simplified
by : BTF

Label Cloud