Grand Turnaround? Take-Two Trims Losses
Video game maker Take-Two Interactive managed to dramatically improve its financial performance in its fiscal third quarter, with net losses down significantly from a year ago even though revenue declined slightly. Best known for the controversial "Grand Theft Auto" game series, New York-based Take-Two said it lost $58.5 million, or 81 cents per share, in the quarter, compared with a loss of $91.4 million a year ago.
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Category: Technology
Category: Technology
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