TweakTown
Tech content trusted by users in North America and around the world
6,143 Reviews & Articles | 39,490 News Posts
Weekly Giveaway: Win an Antec Case, PSU and Cooler (Global Entry!)

Take-Two pulls in $1.86 billion for Q3 2014, thanks to GTA 5

Take-Two's revenue for Q3 2014 hits $1.86 billion, thanks to GTA 5, NBA 2K14 and WWE 2K14 (NASDAQ:TTWO)

| Business, Financial & Legal News | Posted: Feb 4, 2014 6:29 am

Take-Two has enjoyed a great start to the year, reporting its GAAP net revenue for Q3 2014 at $1.86 billion. This is up a massive $415.77 million from the same quarter of last year.

 

TweakTown image news/3/5/35225_06_take_two_pulls_in_1_86_billion_for_q3_2014_thanks_to_gta_5.jpg

 

The reason behind this is because of some big-selling titles such as Grand Theft Auto 5, NBA 2K14, and WWE 2K14. GTA 5 may have launched in Take-Two's Q2 2014, but it pushed its results to Q3, because of the launch of Grand Theft Auto Online. GTA 5 has shipped a massive 32.5 million copies, and NBA 2K14 has become 2K's most successful basketball game to date, with over 5 million units shipped.

 

Take-Two's digital content sales grew 42% year-over-year to $132.8 million, but we still have no word of GTA 5 for the PC or next-gen consoles, but Take-Two CEO Strauss Zeknick did tease: "Looking ahead, we have a robust pipeline of both new intellectual properties and offerings from our proven franchises in development, including more than 10 unique titles for the next-generation consoles".

Related Tags

Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.

Do you get our news RSS feed? Get It!

Got an opinion on this news? Post a comment below!

Latest Tech News Posts

View More News Posts

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases