Take-Two posts loss in Q1, RDR sells 11m units
Publisher sees a 12% decrease in net revenue despite well selling titles.
Despite impressive performance of two of its titles, Take-Two has reported a loss for Q1 FY2012.
The publisher confirmed that last year’s masterpiece, Red Dead Redemption has sold over 11 million units, while it’s addon, Undead Nightmare, managed to whip up 2 million in sales as well. L.A. Noire did well too, despite it’s numerous controversies, managing to sell 4 million copies since it’s release in May.
The big numbers haven’t helped the revenue, however. Take-Two’s net revenue chalked up to around $334.4 million, a 12% decrease from $375.4 million in the same period last year.
The company also addressed Duke Nukem Forever, saying the controversial and long in the making shooter was profitable for the company, though they failed to mention any specifics.
“Despite its disappointing reviews, Duke Nukem Forever was profitable for Take-Two,” said CEO Strauss Zelnick.
It now goes without saying that there will be more Duke Nukem titles, though we hope it makes it across sooner than a decade.