Author Topic: THQ's fiscal Q2 posts $47m loss  (Read 1265 times)

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November 04, 2010, 09:09:41 am

Offline FRT

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Publisher THQ has revealed a $42m loss during this fiscal year's Q2, which ended September 30th. That's up from 2009's $5.6m loss.

Net sales managed $77m, down from last year's $101m of the same period. Nintendo DS sales were the biggest contributor, and then Xbox 360.

The DS pulled in sales of $17 for the Q2 period, while Xbox 360 got $14m, PS3 $12m and wireless scrapped $1.4m. “This holiday begins the consistent flow of quality products that we’ve been investing in over the past two years,” said CEO Brian Farrell.

"Our December quarter will be led by WWE SmackDown vs Raw 2011 and our new uDraw GameTablet. Key releases for our March quarter include our new core game franchise Homefront as well as WWE All Stars, UFC Personal Trainer and De Blob 2."

“We continue to invest in our long-term product pipeline. Our goal this fiscal year continues to be to position THQ for significant growth in fiscal 2012 and beyond, with high quality core games such as Red Faction Armageddon, Warhammer 40,000: Space Marine, and the next installment of our Saints Row franchise scheduled for release in fiscal 2012.”

Darksiders 2 meanwhile has been pushed into fiscal 2013. Saints Row 3 appears to be doing well enough still despite a major overhaul to the game in technology and tone, for it to still see a release during mid to late next year, or early 2012.