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GC08: TOTAL NEWS
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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
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