Take-Two Posts Losses But GTAV Is Making “Substantial Progress”
Take-Two Interactive has Grand Theft Auto V in the hopper, and that's a good thing.
It should help to stem the tide of recent losses. Take-Two's latest quarterly results weren't good; the company suffered a $110.8 million loss, due in some part to lower-than-anticipated sales of Max Payne 3 and Spec Ops: The Line. There was also a mysterious "one-time payment" of $15 million.
