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January 25th, 2010UncategorizedUS specialist retailer GameStop has recorded profits of USD 70.4 million for the first quarter ended May 2, up 13.4 per cent compared to the same period last year.
Total sales for the quarter grew 9.2 per cent to USD 1.98 billion, led by the successful launch of the Nintendo DSi handheld and two Capcom titles Resident Evil 5 and Street Fighter IV.
However, the company blamed the recession in Europe and the slowdown of new console sales on a decline in comparable store sales of 1.5 per cent.
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October 14th, 2009Uncategorized
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.
