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News video games 03 August 2017, 12:10

author: luckie

Grand Theft Auto Online had its best quarter ever – Take-Two talks about financial results

Looking back at the period from April to June 2017, Take-Two said it was GTA Online's best quarter so far. The game is making a lot of money despite the passing time.

Although it has been almost four years since the release of Grand Theft Auto V, the game’s multiplayer component Grand Theft Auto Online is still making big money. Speaking of the period ended in June 2017 at a recent investors call, Take-Two’s CEO Strauss Zelnick said that GTA Online had “the best quarter ever”. As part of GTA V, the title is still ever-present in most top sales lists in the US and Europe, plus it allows players to purchase in-game currency for real money.

GTA Online’s success exceeded Take-Two’s expectations, who had believed the game’s monetization to subside by now. Instead, the sales are continually growing, and according to a most recent prognosis the game is looking at its best year so far.

All in all, there has been over 80 million copies of GTA V sold worldwide, Take-Two announced in May. As for the company’s near future, it expects that the fiscal year 2019 (from April 2018 to March 2019) will be the record one, mostly thanks to Red Dead Redemption 2, scheduled to release in spring 2018. Head over here if you are looking for Take-Two’s full financial report for financial Q1 2018.