Ron Burgundy Posted February 4, 2015 Share Posted February 4, 2015 Take-Two Interactive Software Inc, the publisher of video games such as "Grand Theft Auto", said it expects a slate of unreleased games to drive sales and raised its revenue and profit forecast for the full year. The company's shares rose 7 percent in extended trading on Tuesday after it also reported quarterly revenue and profit way ahead of average analyst estimate, helped by the runaway success of "Grand Theft Auto V" for new consoles. Sales of eighth-generation consoles such as Microsoft Corp's Xbox One and Sony Corp's PlayStation 4 jumped 13 percent last December, data research firm NPD said. Take-Two's sales will be driven by new titles such as the first-person shooter game "Battleborn" and the latest versions of its "NBA" basketball game and "WWE" wrestling game, Chief Executive Strauss Zellnick told Reuters in an interview. View the full article Quote Link to comment Share on other sites More sharing options...
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