Rockstar Games' upcoming Bullet Time shooter has been pushed back to a May release.
Max Payne 3 was originally due for release in March, but now joins the line-up of releases Rockstar parent Take-Two has planned for its next financial year.
The game will now be released in the UK on May 18th for Xbox 360 and PS3. The PC version will follow on June 1st.
Max Payne 3 sees the return of the titular rogue cop and the series' trademark gameplay, where players can slow down time for brief periods during intense gunfights.
As a result of this delay, Take-Two expects to report a new loss for the current fiscal year, ending March 31st. The firm believes its net revenue will fall by $210m to $230m.
"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 Take-Two chairman and CEO Strauss Zelnick.
"With Max Payne 3 now slated for May, our robust line-up 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 year's ever. We are well positioned to deliver growth and profitability over the long term."
Take-Two will announce its third quarter financial results on February 2nd.