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Joystiq

Red Dead Redemption pushes Take-Two Q3 revenue up to $354.1 million

by Ludwig Kietzmann on Sep 2nd 2010 5:40PM

Take-Two has reported that net revenue for its third fiscal quarter, which ended July 31, 2010, reached $354.1 million -- an increase of $259.2 million over the same period last year. The company attributed the rise primarily to Rockstar's Red Dead Redemption, which has shipped more than 6.9 million units life-to-date. And while several older games, including Grand Theft Auto: Episodes from Liberty City, NBA 2K10 and Borderlands, contributed to overall sales at retail, Take-Two highlighted digitally distributed content as a "meaningful component" of this quarter's outcome.

Operating income for the quarter landed at $12.4 million, a big turnaround compared to the $58.3 million loss suffered in the same quarter during 2009, and a minor dip from Q2 2010's $16.9 million. Take-Two's fourth quarter won't benefit from Red Dead's landing impact, but the company already has an extensive lineup of DLC planned for the coming months.

Source: Take-Two

Tags: earnings, financial, fiscal-q3-2010, fy-2010, q3, Red-Dead-Redemption, sales, take-two

Reader Comments (10)

The game is stunning, and anyone who hasn't played it should.

@SnorlaxTheSerialKiller My PC is awaiting its arrival any day now.

@SnorlaxTheSerialKiller

Easily GOTY. I finished it 3-4 months ago and I still cannot stop thinking about it.

Cool beans. Now that R* has tackled the city, the wild west, and even the harshness of the school grounds, I think that it is time for them to tackle the open seas!! Grand Theft Pirate: The Redemption of the Dead. Come on R*, you know you want to!!!!!

@Grey That's an awesome idea.

@Grey

Grand Theft Spaceship as well.

Ahh Rock*....You wealthy S.O.B company...
Amazing Game. Hope they can pull off another sandbox game in the future.

"That's a lotta dimp!"

Best video game sunsets/sunrises/vistas/starry nights/etc. Ever.

I would love to see another Red Dead game. Without spoiling much, the ending does kinda leave it open...

(the ENDING..not the "ending")

If you beat the game, no really beat it, you know what I'm talking about.

I have not played this

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