Take-Two Interactive bags 405% year-over-year profit increase during Q3 2013

by Jordan Mallory on Feb 5th 2013 4:55PM

Take-Two Interactive has released its financial report for the three month period ending on December 31, 2012, or "Q3 2013" in technical terms. The company raked in net revenue (read: gross income) of $415.7 million during that period; a 75.9 percent increase over the $236.3 million it earned in Q3 of fiscal 2012.

Net income (read: profit) was also up year-over-year, $71.3 million during Q3 2013 versus $14.1 million in 2012, which is an astonishing 405.9 percent increase. Meanwhile, Take-Two's nine month year-to-date figures are reporting a loss of $51.9 million, down from the $41.9 million loss reported at this same time in fiscal 2012.

Revenues accrued from digital sales were up 244 percent year-over-year, an increase that Take-Two attributes to Borderlands, Borderlands 2, XCOM: Enemy Unknown, NBA 2k13, the Grand Theft Auto series and all of those games' respective DLC.

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Namco game sales increase in Q1, income on the rise

by Richard Mitchell on Aug 2nd 2011 3:10PM

Namco Bandai has released the financial results (PDF) for the first quarter of its fiscal 2012, which ended June 30. Worldwide game sales – accounting for a total of eleven new titles – rose to 3.38 million units, up from 3.15 million units during the same period last year. With the help of growing arcade machine and amusement facility business, Namco's net income reached ¥3.25 billion ($42.1 million), a big improvement over last year's ¥1.64 billion ($21.3 million) loss.

The 3DS proved to be a top performer for the company, with its four titles for the new handheld moving a combined 622,000 units. In particular, 3DS titles One Piece: Unlimited Cruise SP and Tales of the Abyss sold 170,000 and 150,000 copies, respectively. Meanwhile, the US release of Ridge Racer 3D moved 90,000 copies. Get a full breakdown at the Source link.

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