Take-Two Interactive posted better-than-expected quarterly results on strong sales of “Borderlands 2” but said yesterday that it was reducing its outlook for its fiscal year 2013.
The video game publisher blasted past estimates as it posted adjusted earnings per share of 11 cents, vs. analysts’ average expectations of a loss of 18 cents, according to Thomson Reuters I/B/E/S.
For the quarter ending Sept. 30, revenue more than doubled to $288 million.
Take-Two reduced its yearly outlook because it revised the release schedule for some of its games.
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