GTA V Sales Top 45 Million, Contribute To Blowout Quarter For Take-Two
The Grand Theft Auto franchise is still making Take-Two Interactive bookoo bucks, with the latest installment -- Grand Theft Auto V (GTA V) -- having now sold more than 45 million units on console, including 10 million on PlayStation 4 and Xbox One. The game has yet to launch for PC -- it was originally supposed to debut on Windows on January 27, 2015, but was delayed until March 24.
Sales of GTA V contributed to $531.1 million in revenue for Take-Two's fiscal third quarter ended December 31, 2014, on a GAAP basis, along with net income of $40.1 million, or $0.42 per diluted share. On a non-GAAP basis, revenue came to $954 million, with net income reaching $211.6 million, or $1.87 per diluted share.
"Take-Two’s positive momentum was demonstrated once again, as we delivered exceedingly strong third quarter revenues and profits, and finished the quarter with nearly $1 billion in cash and short term investments," said Strauss Zelnick, Chairman and CEO of Take-Two.
In addition to GTA V and Grand Theft Auto Online, Take-Two said its biggest contributors to non-GAAP revenue were NBA 2K15, WWE 2K15, Borderlands: The Pre-Sequel, and Sid Meier's Civilization: Beyond Earth.
On an interesting related note, Take-Two's revenue from digitally delivered content grew 64 percent year-over-year to $217.2 million.
Sales of GTA V contributed to $531.1 million in revenue for Take-Two's fiscal third quarter ended December 31, 2014, on a GAAP basis, along with net income of $40.1 million, or $0.42 per diluted share. On a non-GAAP basis, revenue came to $954 million, with net income reaching $211.6 million, or $1.87 per diluted share.
"Take-Two’s positive momentum was demonstrated once again, as we delivered exceedingly strong third quarter revenues and profits, and finished the quarter with nearly $1 billion in cash and short term investments," said Strauss Zelnick, Chairman and CEO of Take-Two.
In addition to GTA V and Grand Theft Auto Online, Take-Two said its biggest contributors to non-GAAP revenue were NBA 2K15, WWE 2K15, Borderlands: The Pre-Sequel, and Sid Meier's Civilization: Beyond Earth.
On an interesting related note, Take-Two's revenue from digitally delivered content grew 64 percent year-over-year to $217.2 million.
