Take-Two: Grand Theft Auto V Shipments Reach 29 Million - NewsWilliam D'Angelo, posted on 29 October 2013 / 9,044 Views
Take-Two has released its quarterly report for the second quarter, which ended September 30. The biggest news is that Grand Theft Auto V has already shipped 29 million copies. This figure was done in just six weeks and already passing the lifetime sales of Grand Theft Auto IV.
"The title received stellar reviews, shattered entertainment industry records, and has already sold-in nearly 29 million units to date," said Take-Two CEO Strauss Zelnick. "The extraordinary success of Grand Theft Auto V illustrates the positive momentum in our business and consumers’ enduring appetite for the highest-quality interactive entertainment."
Non-GAAP revenue grew by 340 percent for the quarter year-over-year to a record $1.27 billion for the publisher. Non-GAAP profits reached $325.57 million for the quarter.
Take-Two increased its projections for the full fiscal year. Revenue is expected to hit between $2.2 billion and $2.3 billion. The net income per share is expected to reach $3.50 to $3.75, also a record.