Take-Two Interactive Software Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended March 31, 2013. For the quarter, the company's net revenue was $299,487,000 compared to $148,084,000 a year ago. Income from operations was $29,062,000 compared to loss from operations of $61,142,000 a year ago. Income from continuing operations before income taxes was $21,273,000 compared to loss from continuing operations before income taxes of $66,510,000 a year ago. Income from continuing operations was $21,170,000 compared to loss from continuing operations of $66,005,000 a year ago. Net income was $22,473,000 or $0.24 per diluted share compared to net loss of $66,836,000 or $0.79 per diluted share a year ago. Non-GAAP net revenues were $303,128,000 compared to $148,084,000 a year ago. Non-GAAP income from operations was $45,274,000 compared to non GAAP loss from operations of $51,111,000 a year ago. Non-GAAP net income was $42,855,000 or $0.38 per diluted share compared to non GAAP net loss of $50,937,000 or $0.60 per diluted share a year ago. For the full year, the company's net revenue was $1,214,483,000 compared to $825,823,000 a year ago. Income from operations was $5,239,000 compared to loss from operations of $84,266,000 a year ago. Loss from continuing operations before income taxes was $26,112,000 compared to $103,837,000 a year ago. Loss from continuing operations was $31,162,000 compared to $107,700,000 a year ago. Net loss was $29,491,000 or $0.34 per diluted share compared to $108,816,000 or $1.31 per diluted share a year ago. Non-GAAP net revenues were $1,222,307,000 compared to $825,823,000 a year ago. Non-GAAP income from operations was $48,598,000 compared to non GAAP loss from operations of $49,561,000 a year ago. Non-GAAP net income was $33,079,000 or $0.36 per diluted share compared to non GAAP net loss of $59,378,000 or $0.71 per diluted share a year ago. Net cash used in operating activities was $4567,000 against $84964,000 a year ago. Purchase of fixed assets was $16,820,000 against $10,786,000 a year ago. The company provided earnings guidance for the first quarter ending June 30, 2013 and year ending March 31, 2014. For the quarter, the company expects non GAAP net revenue to be in the range of $100 million to $125 million and non GAAP net loss per diluted share to be in the range of $0.55 to $0.70. The company expects first quarter gross margins in the mid to upper 40s. For the year, the company expects non GAAP net revenue to be in the range of $1.75 billion to $1.85 billion and non GAAP net income per diluted share to be in the range of $2.05 to $2.30.

Effective May 1, 2013, Take-Two Interactive Software Inc. appointed Karl Slatoff, the Chief Operating Officer of the company since 2010, to the newly created role of President.

2K and Firaxis Games announced the availability of Haunted Hollow, their first title to be designed exclusively for the iPad and iPhone. Key features include: Build and rule a mysterious mansion that spawns freaky monsters, including vampires, zombies, mummies, witches and reapers; Go head-to-head with rivals to scare townspeople, battle enemies, avoid angry mobs and seize control of the town; Level-up with each monster's own menacing skills and powers, in addition to a selection of power enhancements; Play single-player or multi-player by challenging friends, both through the Game Center and with Pass & Play; Choose from varying Haunted House architecture styles such as the 'Lost Temple' and 'Mad Scientist'.