DALLAS, Sept. 7, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Take-Two Interactive Software Inc. (Nasdaq:TTWO). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at:
Take-Two Interactive Software Inc. (TTWO) is a global publisher, developer and distributor of interactive entertainment software, hardware and accessories. The Company's publishing business consists of Rockstar Games, 2K Games, 2K Sports and 2K Play publishing labels. The Company develops, markets and publishes software titles for gaming and entertainment hardware platforms, including Sony's PlayStation3 (PS3) and PlayStation2 (PS2) computer entertainment systems; Sony's PSP (PlayStationPortable) (PSP) system; Microsoft's Xbox 360 (Xbox 360) video game and entertainment system; Nintendo's Wii (Wii) and DS (DS) systems; and for the personal computers (PC) and Games for Windows. The Company also develops and publishes titles for digital distribution via Sony's PlayStationNetwork (PSN) and Microsoft's Xbox LIVE Marketplace (Xbox LIVE) and Xbox LIVE Arcade (XBLA), as well as digitally offers its PC titles through online download stores and services, such as Steam.
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In the report, the analyst notes:
"Net revenue for the third fiscal quarter was $354.1 million, a sharp increase compared to $94.9 million reported for the same quarter of fiscal 2009. Income from continuing operations for the third quarter was $12.4 million or $0.14 per diluted share, compared to a loss from continuing operations of $58.3 million or $0.76 per share in the third quarter of fiscal 2009.
"TTWO attributed its significantly better-than-expected results for the fiscal 2010 third quarter primarily to the strong performance of Red Dead Redemption, which has sold more than 6.9 million units worldwide since its launch in May 2010."
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