Grand Theft Auto V has sold in 32.5 million

Take-Two Interactive had a lot to be happy about as they reported their Q3 earnings for the current fiscal year (ending March 31, 2014). The effects of Grand Theft Auto V are easy to spot and the game has sold in 32.5 million copies to date.

"Take-Two's business continued to outperform expectations significantly during the fiscal third quarter," said Strauss Zelnick, Chairman and CEO of Take-Two. "Our results were driven by robust holiday demand for Grand Theft Auto V, the franchise record-breaking launch of NBA 2K14, the successful release of WWE 2K14, and strong growth in digitally-delivered revenues led by Grand Theft Auto Online. Take-Two was the top video game publisher of 2013, according to the NPD Group, underscoring our positive momentum over the past year.

"As a result of our third quarter performance, we have once again raised our revenue and earnings outlook for fiscal 2014, which is poised to be a record year for Take-Two. Looking ahead, we firmly expect to deliver Non-GAAP earnings in fiscal 2015 and every year for the foreseeable future. This confidence is based on our development pipeline of groundbreaking new intellectual properties and offerings from our proven franchises, which bear the hallmark of our commitment to provide the highest quality entertainment experiences."

If you're interested in the actual monetary results for Q3 GAAP revenue was $1.86 billion ($415.8 million last year), while non-GAAP revenue grew to $767.7 million ($405.0 million). As of December 31 Take-Two had $972.2 million in cash and equivalents.

Take-Two also handed out an official no comment statement on GTAV for other platforms (PC and next-gen) in the subsequent conference call, Take-Two CEO Karl Slatoff said:

"At this point there's really nothing for us to say about that. We haven't announced anything as it relates to any other platforms versus what's out there."

There were other positives to take away from the financials as NBA 2K14 has sold in 5 million copies and Borderlands 2 now has reached 8.5 million in sales.