Publisher Take-Two financial successes for the second quarter of 2019. The company's net income amounted to $857,8 million, which is 74% more than in the same period last year.
The publisher owes much of its achievements to the growth of in-game purchases. This figure grew by 32% and accounted for 37% of total revenue. In addition, sales for the past quarter grew to 7 million copies (from 5 million), - up to 115 million (from 110 million), and it sold a total of 26,5 million copies (up from 25 million at the end of June). The report also notes an excellent start .
βAnecdotally, we know that consumers don't just want entertainment, they want a fair deal. We don't always feel it right, but based on market trends, I tend to think we do it better than others. From time to time we are criticized, but if we notice this, we immediately make adjustments to the in-game economy,β said Take Two head Strauss Zelnick.
A successful quarter allowed the publisher to adjust its financial forecasts. The company estimates revenue could rise to $965 million in the next quarter, with fiscal year profit of between $2,9 billion and $3 billion.
Take-Two's latest release was the PC version of Red Dead Redemption 2. It was released on November 5th. On launch day, players for startup problems and project rating on Metacritic.
Source: 3dnews.ru