Take-Two Earnings Call Touts 70 Million Grand Theft Auto V Sales, 1 Million Civilization VI Sales
Take-Two had its quarterly earnings call today, touting the success of many of its titles across the board and posting a net revenue growth of $420 million, up 21% from last year's second quarter.
The company attributed much of this success to Grand Theft Auto V/Online, which the company reports has sold over 70 million copies as of the quarter. Both Grand Theft Auto V and Grand Theft Auto Online continue, "to exceed our expectations, as they have in every quarter since their release," said Take-Two CEO Strauss Zelnick. The company cited the many updates and DLC (such as the recent Halloween update) as a large part of the game's continued success.
Take-Two then shifted focus to its other successful franchises. In addition to announcing the positive sales of Mafia III, Take-Two also announced its plans to release content as part of the game's season pass, but did not announce specifics. Along with Mafia III, NBA 2K17 has also sold around 4.5 million units, making it the fastest-selling game in the series. Civilization VI has sold over 1 Million units, making it the fastest-selling title in the series and bolstering lifetime sales of the franchise to 37 million worldwide. You can read our review of Civilization VI here.
The Bioshock Collection performed better than the company had expected (they did not offer specific numbers during the call), and said while there are no specific plans for other remasters to announce, it is open to doing more remasters of games in its catalog in the future. The company expects WWE 2K17 to perform better than last year's title, but did not offer specifics. Take-Two also mentioned that WWE Supercard has been downloaded over 11 million times and is the company's most successful free-to-play title to date.
In the realm of VR, Take-Two briefly mentioned the release of Carnival Games VR, which is available for both the HTC Vive and PlayStation VR, with an impending release on Oculus Rift. It did not offer specific sales numbers, but mentioned it will continue to invest in VR.
Looking ahead, the company is forecasting strong growth for the fiscal year, with Red Dead Redemption 2 leading its lineup.