Wednesday, May 4, 2011

Quarter at a loss for THQ

In the last quarter of fiscal 2011, publisher THQ has recorded losses of $ 44.1 million that led the company to close the fiscal year ended March 31, 2011 with a loss of 136.1 million dollars. In the same quarter last year, THQ had closed with a deficit of 10.4 million dollars, while the fiscal year had closed with a loss of $ 9 million, reports GamesIndustry.

The publisher has sold 2.6 million copies of Homefront, a positive result defined by CEO Brian Farrell, stressed that the results achieved by the new IP developed by Kaos Studios. For fiscal year 2012, the publisher expects a growth in revenues and profits through new Saints Row, Red Faction, Warhammer 40,000, MX vs.

ATV, UFC, WWE, and through the device uDraw, available at Christmas, even on the PlayStation 3 and Xbox 360.

No comments:

Post a Comment