Publisher Take Two Interactive had warned us just a few days ago that their financial results would be below its previous expectations. Today the company released their official numbers, reporting that its revenues for the last fiscal quarter (which ended October 31) were $343.4 million, up slightly from $323.4 million for the same period a year ago. Take Two had a loss of $22 million for the quarter compared to a lost of $15 million for the same period a year ago.

The result would have been worse had it not been for the solid sales of Borderlands. Take Two stated that sales of Gearbox Software's shooter title have gone over 2 million units worldwide since its release last October. It stated the game has "established itself as a key franchise for Take-Two, for which the Company has long-term publishing rights." We smell a sequel coming.