Take-Two is doing great: a fresh financial report

Take-Two presented its quarterly financial report, in which it reported on the success of its flagship franchises and disclosed its revenue figures.

Thus,

• Grand Theft Auto V circulation is 170 million copies. Series sales - 380 million copies;
• Red Dead Redemption 2 circulation - 45 million copies. Series sales - 68 million copies;
• NBA 2K22 circulation - 12 million copies. Series sales - 125 million copies;
• Borderlands 2 circulation - 26 million copies;
• Borderlands 3 circulation - over 15 million copies sold;
• total Borderlands series circulation - 75 million copies.

Take-Two's financials for the past quarter show steady growth. Revenue increased by 36% over the same period in 2021 to $1.1 billion. Game sales were up 41% year over year to $1 billion, of which 95% of sales were in digital stores.

But the company's losses amounted to 104 million dollars.

Analysts Take-Two predicts that about 45% of sales in the current fiscal year will bring projects of studio-developer of mobile games Zynga, which the corporation acquired in early 2022.

Recall that the release of Take-Two's next project Marvel's Midnight Suns postponed indefinitely.