Zynga isn't the only video game publisher good news for its investors
Take two ended its October through December, 2012 quarter (the third on its fiscal calendar) reporting revenues of $415.8 million. Not only is this a significant bump from the $236.3 million it reported last year, it's also more than the $363.9 million average that Wall Street analysts were anticipating.
The company attributed the jump mainly to sales of NBA 2K13
, the latest in what has become a very successful series of basketball simulations. The company says it has sold 4.5 million copies worldwide, a franchise record.
Other game that did well for the company included quarter debut XCOM: Enemy Unknown
, the continued sales of Borderlands 2
, and continued catalog sales of ever-popular titles including Grand Theft Auto IV
and Red Dead Redemption
In fact, catalog titles make up a surprising amount of the publisher's sales. During the fourth quarter, 22% of Take-Two's sales came from these older games.
In all, the company says that it made $71.4 million in profit during the quarter, up from $14.1 million during the same period a year ago.