THQ Q1 losses nearly triple to $27 million
July 31st, 2008 @ 06:30
As reported by Gamespot, THQ’s posted a loss of $27 million for the first quarter ending June 30.
The shortfall is nearly triple the $9.3 million deficit it suffered during the same quarter last year.
The loss was mainly down to development costs, however, and the company posted net earnings of $137.6 million, $33.1 million more than the corresponding previous period.
More through the link.
Posted in: Financials, THQ, Trade
Tags: thq q1 financials 09
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