GREAT NEWS, ANOTHER DELAY = LESS COMPETITION FOR UBI !!
Another shooter bites the dust
After EA had delayed Battlefield into 2015, it is now Take Two’s turn to delay the new shooter game « Evolve » until AFTER the holidays.
Quarterly results of TTWO beat expectations, with only a net loss of 14 cents a share thanks to good sales of Borderlands, Grand Theft Auto V and basketball titles, as digital game sales gained 43%. TTWO says it will release « Evolve » in February. The original plan was to release the game in October.
Borderlands 2 sold over 10 million copies.
TTWO 2Q forecast is below expectations.
Full year forecast remains unchanged however.
Shares were down 4,4% in after hours trading.
Source : a little bit of Bloomberg, a little bit of TTWO, a little bit of Seeking Alpha spiced up with some blubber.