|Take 2 posts loss|
Mark Asher - News - 06/09/04 - Link
This time last year Take 2 was posting quarterly results that included a $14.6M profit. This year that same figure is in play, $14.6M, but it's a loss this time. Take 2 has also lowered it's financial outlook for the year.
The company also cut its fiscal year view to earnings of $1.60 to $1.65 a share on sales of $1.13 billion to $1.15 billion. Most recently, the company had anticipated earnings of $2 a share on sales of $1.17 billion. Take 2's press release didn't mention Duke Nukem Forever, so that looks like a 2005 game at the earliest. It did mention that the Warriors game will be out this year.