After hours Thursday, Take-Two (NASDAQ:TTWO) announced a high profit for its third quarter of 2008, due in large part to sales of "Grand Theft Auto IV." The company earned $51.8 million, or 67 cents per share, up from a loss of $58.5 million, or 81 cents a share, in the same quarter last year. Revenue for the quarter was $433.8 million, up from $206.4 million a year ago. At the end of the day shares of Take-Two were up 6 cents to $23.23.

Contact Chip Brian

SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at www.TradeTheTrend.com/signup.html