GTA Parent Company Sees Huge Decline in Sales, But There's a Good Reason Why

Take-Two Interactive today announced financial results for the quarter ended September 30, with the company posting a huge drop in overall sales compared to last year, but there's a good explanation. For this quarter, net revenue was $135.4 million, compared to a massive $1.27 billion last year thanks to the massive success of Grand Theft Auto V. Take-Two posted a net loss of $35.4 million during the quarter, compared to a profit of $325.6 million this time last year. The biggest contributors to...