Brand New Scripting Bioshock Bubbles Up Take-two’s Q4 Sales
Posted on 2007 under Video Games |28 Dec
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Filed under: Business
Take-Two’s Q4 fiscal results were met with rapture thanks to 2K Boston’s BioShock. GameDaily reports the title has shipped 2 million units globally and helped increase the company’s net revenue an extra $30 million from Q4 ‘06 to $292.6 million. Formerly fiscally-challenged Take-Two decreased their net loss from $14 million last Q4 to $7.1 million. For the full financial year the company saw $981.8 million in net revenue and $138.4 million in net losses — down from $184.9 million in fiscal ‘06.
Take-Two saw successes beyond BioShock, crediting NBA 2K8, the Grand Theft Auto series and *groan* Carnival Games. Take-Two expects this fiscal year ending at the end of Oct. ‘08 to be a banner year. Projected net revenue is $1.1 to $1.4 billion thanks to a wide selection of games, no doubt highlighted by next year’s guaranteed mega-hit: Grand Theft Auto IV.
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