Take-Two Software announced in a press release through Business Wire today that Rockstar Games’ upcoming release, Max Payne 3, will be moved back to a release date in May.
This delay in release adds Max Payne to the list of titles scheduled to be released in the fiscal year, which ends March 31st, 2013.
In a direct quote from Strauss Zelnick, Chairman and CEO of Take-Two, Zelnick reassures that the company wants Max Payne 3 to be at its best quality for release.
“We do not take changes to our release schedule lightly, and this short delay will ensure that Max Payne 3 delivers the highest quality, groundbreaking entertainment experience that is expected from our Company,” said Strauss Zelnick, Chairman and CEO of Take-Two. “Max Payne 3 promises to be one of our most exciting releases to date, and we are confident that consumers will once again be amazed by Rockstar’s ability to take interactive entertainment to another level.”
“With Max Payne 3 now slated for May, our robust lineup of upcoming releases for fiscal 2013 is even stronger, including BioShock® Infinite, Borderlands 2, Spec Ops: The Line, XCOM, XCOM: Enemy Unknown, and other titles yet to be announced for release that year. Fiscal 2013 is poised to be one of our best years ever, with anticipated substantial revenue growth and Non-GAAP Net Income of over $2.00 per share. We are well positioned to deliver growth and profitability over the long term.”
According to the press release, Take-Two Software expects to reduce its fiscal year 2012 net revenue by $210 – 230 million and Non-GAAP net income per share by $0.60 – $0.70, including $0.03 – $0.04 per share related to a lower share count of 83 million shares used for purposes of calculating Non-GAAP net income (loss) per share.
Take-Two will update its fiscal 2012 financial outlook to reflect this change and other factors when it announces its third quarter financial results on February 2, 2012.
With files from Business Wire