Take-Two Interactive released a new report for the third quarter of fiscal year 2023. The business outlined its financial results and updated its game performance.
Take-Two's revenue increased by 56% year on year to $1.41 billion. The net loss reached $153.6 million and the net profit was $144.6 million. 95 percent of the total revenue came from digital.
The number of pre-sales (bookings) was a bit below expectations. The same prediction for the year was lowered. The company anticipates to save more than $50 million through the cost reduction program.
Take-Two intends to release 87 projects by fiscal year 2025. The company has seven games scheduled for release this year, most of which don't yet have a release date: Kerbal Space Program 2 (24 February), WWE 2K23 (March 17), GTA: The Definitive Edition for mobile devices Marvel's Midnight Suns for PS4, Xbox One and Nintendo Switch, and Judas.
Grand Theft Auto V is sold for $175 million (+5 million), and the series GTA is sold for 395 million (+10 million). Red Dead Redemption 2 is sold for $175 million (+3 million), and General Sales NBA 2K23 is sold for 8 million copies (+3 million). Series Borderlands is sold for 65 million copies (+2 million).
