Friday, December 18, 2009

Take-Two year-end results slip 37%, Borderlands sells 2M

Here you'll find a game guide that will give you instructions how to master the game steps must be taken in through the game trailers, which will be accompanied by a sound track from game soundtracks as long as you play games and will also be displayed in the image of the pc screen game play taken in the form of game screenshots.By Tom Magrino, GameSpotPosted Dec 17, 2009 2:12 pm PT

Publisher suffers from GTAIV-less 12-month period as income slip to $968 million, Q4 notch wider than expected; Spec Ops due before Nov 2011.

Take-Two gave investors anything but cause for pass cheer early this month when it substantially scaled backwards its earnings estimates for its playing ordinal quarter. Thanks largely to a large shortfall created by its Major League Baseball licensing deal, Take-Two clipped $25 meg from its fourth-quarter income projections and revilement earnings per deal guidance by $0.25. Investors responded immediately, as Take-Two's have afterward shed 30 proportionality of its value.

Borderlands probably won't be kissing anyone good-bye in the nearby future.

With investors and analysts thus braced, Take-Two today officially declared its results for the playing assemblage and ordinal lodge ended Oct 31. Total fiscal-year income amounted to $968 million, a farther scream from 2008's $1.54 1000000000 haul, which included the record-setting launch of Grand Theft Auto IV. Take-Two also reportable a $137.9 meg net expiration during the period ($1.80 per share), a dramatic reversal from the year-ago period's $97.1 meg profit.

Take-Two's fourth-quarter income actually chromatic from terminal year, though they came in lower than even the publisher's updated projection of $350 meg to $375 million. During the August-October period, income were $343 million, up 6 proportionality from the $323 meg generated during the same months a assemblage ago. Losses increased during the quarter, however, as the house reportable a inadequacy of $22 million, or $0.28 per share, compared to $15 meg a assemblage ago.

Take-Two has previously indicated that Gearbox Software's well-received newborn franchise, Borderlands, may see a follow-up. Today, the house affirmed the game's success, saying it has sold 2 meg units worldwide since its late-October launch. Other crowning performers during the period included NBA 2K10, Grand Theft Auto: Episodes from Liberty City, Grand Theft Auto: The Ballad of Gay Tony, and Grand Theft Auto IV.

The house also provided a narrowed promulgation pane for Spec Ops: The Line, its recently declared third-person tactical military shooter. Take-Two expects to promulgation the Yager-developed mettlesome after rather than sooner, as the Xbox 360, PlayStation 3, and PC denomination is today slated for the publisher's playing assemblage success Oct 31, 2011.

As previously announced, Take-Two continues to wait its MLB playing to matter hard on its current fiscal-year results, with earnings expected to fall in between $1.0 1000000000 and $1.2 1000000000 for the period success Oct 31, 2010. Still, Take-Two expects to promulgation a sort of anticipated titles during its current playing year. These titles allow BioShock 2 on Feb 9 and Red Dead Redemption on Apr 27, as well as Mafia II and Max Payne 3 after in the year.

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