Take-Two pins financial hopes on Max Payne 3

3 Feb 2012  by   Paul Younger
Prepare for more hot hot financial news, as publisher Take-Two has released its third quarter figures for the year. It's not been a great year for them so far, as the figures reveal a net loss of $41.7 million USD for the nine months up to December 2011. Operation income for the period was down $22.6 million USD in comparison to the third quarter last year. Take-Two blames this on not yet having a new Rockstar-developed game bringing in bundles of cash (as it did during this same time last year with Red Dead Redemption and it's Undead Nightmare DLC still selling well). Not too surprising, then, that the company is looking forward to the delayed release of Max Payne 3. By pushing the game's release into fiscal year 2013 (which, confusingly enough, begins in April), Take-Two hope to start the financial year off on a stronger foot. Source: ir.take2games.com Image taken from Max Payne 3  

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Prepare for more hot hot financial news, as publisher Take-Two has released its third quarter figures for the year. It’s not been a great year for them so far, as the figures reveal a net loss of $41.7 million USD for the nine months up to December 2011.
Operation income for the period was down $22.6 million USD in comparison to the third quarter last year. Take-Two blames this on not yet having a new Rockstar-developed game bringing in bundles of cash (as it did during this same time last year with Red Dead Redemption and it’s Undead Nightmare DLC still selling well).
Not too surprising, then, that the company is looking forward to the delayed release of Max Payne 3. By pushing the game’s release into fiscal year 2013 (which, confusingly enough, begins in April), Take-Two hope to start the financial year off on a stronger foot.
Source: ir.take2games.com
Image taken from Max Payne 3
 

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