THQ Hopes to Lose Less Money Than Expected

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THQTHQ still isn't ready to release full financial data on its fourth quarter and full fiscal year ended March 31, 2012, but they're giving out hints. Previously, THQ expected its fourth quarter to suck a lot. Now, THQ thinks the quarter will only suck some, with net sales coming in $20 million to $30 million higher than expected thanks to strong sales of Saints Row: The Third. That said, when THQ announces the full results in May, it's still going to lose a lot of money. The pre-announcement may have been a response to the recently dismal performance of THQ's stock.

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This page contains a single entry by Editor published on April 18, 2012 6:59 AM.

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