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Loss Narrows at Take-Two Interactive

Stock quotes in this article: TTWO , VIA  

Updated from 4:53 p.m. EDT

SAN FRANCISCO -- Video game publisher Take-Two Interactive(TTWO Quote) posted a narrower-than-expected third-quarter loss and guided the full year in line with its revised expectations.

The company had cut its outlook last month on news of the delay of its key game, Grand Theft Auto IV.

Take-Two's loss for the third quarter was $58.5 million, or 81 cents a share, compared to a loss of $91.4 million, or $1.29 a share, in the third quarter of fiscal 2006. Analysts polled by Thomson Financial were expecting a loss of 80 cents a share. ...

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