The money is in basketball and crime simulators. At least, that’s the case for one of the biggest gaming publishers in the world.
Take-Two Interactive generated $420.2 million in revenues during the second quarter of its fiscal 2017, and that’s up 21 percent year-over-year. The Grand Theft Auto V and NBA 2K17 publisher earned 39 cents per share, according to generally accepted accounting practices (GAAP). For non-GAAP earnings, it brought in 45 cents per share, which was 16 cents higher than Wall Street’s prediction. That’s a huge beat for Take-Two, and it shows the continuing strength of its core franchises.
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