Take-Two Takes Hit For Bioshock 2 Delay
Jul 17, 2009
Shares of Take-Two Interactive Software (NASDAQ:TTWO) fell 12% in aftermarket trading after the company delayed the release of "Bioshock 2" to FY 2010 and lowered its outlook. The company now expects revenues between $120 million and $130 million for the current quarter, and between $350 million and $450 million for the quarter ending October 31. Consensus estimates are for revenues of $162 million and $571 million, respectively.
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