Take-Two Interactive has announced its financial results for its second fiscal quarter of 2009, reporting decreased revenue and USD 10.1 million in net loss.

Net revenue was reported at USD 229.7 million, down from USD 539.8 million in the same period last year. Net loss was reported at USD 10.1 million, compared to a gain of USD 98.2 million in the second quarter 2008.

The publisher’s loss was less than it expected, which the company attributes to a more efficient operating structure and a balanced software portfolio.