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There’s no need for a second take on this quarterly report.
Take-Two Interactive brought in $839.4 million in revenue for the quarter ending March 31, 2021, a 10% increase year-over-year.
The strong fiscal Q4 was driven by Take-Two’s subsidiaries, Rockstar and 2K, the respective video game publishers behind “Grand Theft Auto” and “NBA 2K.”
- “GTA V” has sold more than 145 million units since its 2013 release.
- “NBA 2K21” has sold more than 10 million units since its Sept. 2020 release.
Take-Two’s fiscal 2021 revenue reached $3.37 billion, up 9% from 2020’s full-year total.
Working to expand beyond NBA titles, 2K inked an exclusive partnership with Tiger Woods and acquired HB Studios, the Canadian developer behind “PGA Tour 2K21.”
However, the company’s upcoming NFL game has been delayed to April 2022 at the earliest.
That hold-up shouldn’t have too great of an impact on Take-Two’s momentum. The conglomerate plans to release 62 new titles across its properties by March 2024.
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