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Take-Two Takes Loss

Filed under: General Gaming
Posted by Jeremy on September 10, 2004 10:12 AM
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Many sources, including Forbes are reporting that Take-Two, "lost $14.4 million, or 32 cents per share, compared with a profit of $5.7 million, or 13 cents, in the year-ago period." That was almost within analyst's expectations and the stock actually rose in after-hours trading. The one-trick-pony that is Take-Two will have to wait for its pony to come in from pasture in the form of the next "Grand Theft Auto" due out in October for it to make money again. Also in that report, "GTA: San Andreas" will come out for the PC in Summer of '05.

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