The firm put its year-on-year success down to titles like NBA 2K7 and the release of Grand Theft Auto: San Andreas in Japan.
The results also included a whopping $6.4m in legal fees related to the publisher’s recent stock option grant investigation, $2.2 million in stock-based compensation and $6.1m to record valuation allowances for deferred tax assets.
The news follows several reports on the web suggesting that a group of Take-Two investors intends to kick out the existing management team.
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