Losses mount for Grand Theft Auto publisher Take-Two

Take-Two Interactive Software Inc (NASDAQ:TTWO), the publisher of global hit video games Grand Theft Auto, Red Dead Redemption and 2K Sports, posted a net loss of $841.2 million for the nine months ending 31 December 2023, representing a more than 60% bottom-line drop year on year. The company, whose portfolio includes hit mobile games FarmVille and Words With Friends, reported total net revenues of $3.95 billion across gaming sales and advertising for the period, slightly up by 1% year on year. “We are cur ...