Take-Two’s Loss Widens on Pulled Video Game

Take-Two Interactive Software Inc. said its loss widened after stores pulled the “Grand Theft Auto” title because of hidden sexual scenes. The loss was wider than analysts’ estimates, and the shares fell.

The fiscal third-quarter loss widened to $28.8 million, or 41 cents a share, from $14.4 million, or 21 cents, a year earlier, Take-Two said. Sales rose 5.6% to $169.9 million.

Shares of Take-Two fell $1.55, or 6.4%, to $22.61 in extended trading after the results were announced. Earlier, they ended regular trading at $24.16, down 14 cents.