Take-Two unveils a record quarterly profit while GTA reaches 150 million - News - Interactive displays
In the wake of its record fiscal year, Take-Two Interactive unveils its results for the first quarter of the new fiscal year, closed on June 30, 2021, and already displays exceeding expectations.
If the turnover declined from last year, Take-Two Interactive displays profits ever seen at this stage of the year, with already more than 128 million euros of net profit in the space of three months. As a comparison, it is already almost as much as the net profit of the whole fiscal year 2017 - 2018 (147 million euros). Recurring consumer spending, where Take-Two Interactive includes additional content and play purchases, have increased by 15% and account for 70% of quarterly sales. Even more speaking, the share of the dematerialized in this turnover is 91%. NBA 2K21 , NBA 2K20 , Grand Theft Auto V / Grand Theft Auto Online , Red Dead Redemption 2 / Red Dead Online , Borderlands 3 and Civilization VI are the main contributors of the moment in front of mobile games.
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