Take-Two earns $107m in second fiscal quarter, thanks to L.A. Noire
by Griffin McElroy
on Nov 8th 2011 5:30PM
Take-Two Interactive recently released
its financial figures for the second quarter of the 2012 fiscal year, boasting "better-than-expected" net revenue of $107 million. That figure -- driven largely by
L.A. Noire and
MLB 2K11 sales -- pales in comparison to the company's $245 million in earnings from the same period last year. Of course, that period last year had
Civilization 5,
Mafia 2 and
Red Dead Redemption on the docket, so
there's that.
Despite the surprise upswing, Take-Two didn't revise its expectations for the entire fiscal year, during which it hopes to earn around $1 billion in revenue. Though they didn't explicitly say so, we're assuming they've revised expectations for whichever quarter
Grand Theft Auto V will launch in to "three bajillionty dollars."