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Take Two Interactive Shares Financial Statement

Fiscal year 2017 ended on March 31st and as such, we have begun to see the financial reports for some of the major publishers.  Take Two released theirs yesterday, along with their outlook for FY 2018 and 2019.  While the financial information is not necessarily interesting to most, the report did make an interesting statement.  The statement we are referring is below.  You can find the full report here : Take Two Financial Statement

Looking ahead to fiscal 2019, we expect to deliver both record Net Sales and record net cash provided by operating activities, in excess of $2.5 billion and $700 million, respectively, led by the launches of Rockstar Games’ Red Dead Redemption 2 and a highly anticipated new title from one of 2K’s biggest franchises.”

There are two franchises that come to mind immediately when talking about 2K’s largest and they are : Bioshock and Borderlands.  As we’ve heard from Gearbox, development of Borderlands 3 is on-going but we have no idea how far along it is.  Meanwhile, nothing surrounding Bioshock has been formally announced but it’s been mentioned for a while now that the franchise is being worked on.  Frankly, either would get us pretty excited.  Hopefully we hear something at E3!

 

Seasoned Gaming View All

Covering the videogame industry with daily content, unique opinions, and as always, no ads or filler.

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