THQ lost 47 million U.S. dollars in second-quarter sales decline

Source: Internet
Author: User
Keywords Second quarter sales THQ
Tags .net company financial game game maker high net released
November 4 News, North America's third-largest game maker and publisher THQ today released the financial report for the second quarter of 2010. Earnings showed the third quarter revenue of 77.1 million U.S. dollars, a year-on-year decline in net losses as high as 47 million U.S. dollars.  Product sales fell and the losses widened. As of September 30, THQ sales of 77.1 million U.S. dollars, lower than the same period last year, 101.3 million U.S. dollars. THQ has lost as much as $47 million trillion in the current quarter, well above the 5.6 million trillion dollars it lost last year.  But THQ said the fiscal season was in line with the company's earlier forecasts. US THQ2 Quarterly loss of $47 million in product sales "We will continue to invest in our Shanping in the last eight years." In addition to continuing to publish a new series of "UFC", we will work with the talented designers who have joined us to develop original works.  "THQ chief executive Brian Farrell said.  He also said THQ's goal this year is to increase investment and plan to usher in growth and transcendence in 2012.  In addition, former Ubisoft Montreal studio senior producer, "Assassin's Creed" series of creative director Patrice Desilets will be responsible for the establishment and operation of the new Montreal studio THQ.  THQ is expected to launch more than 2012 years ago, including the "professional Wrestling" series, "The Red Faction Armageddon", "Battle Hammer 4000 star Warrior", "The Underworld Saints" new Works, "National defense" and many other masterpieces.  In addition to home appliances, THQ plans to expand on platforms such as Apple iOS, Microsoft XBLA, Sony PSN and social networking sites such as Facebook. THQ expects sales revenue for the fiscal year to be between 825 million and 855 million dollars, with an average loss of 10 to 20 cents per share. (Digging the shell net)
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