Featured Articles

Nvidia GTX 770 spec is out

Nvidia GTX 770 spec is out

In addition to the GK110 based Nvidia Geforce GTX 780, we managed to get some details regarding the GK104-based GTX 770…

More...
Nvidia Geforce GTX 780 detailed

Nvidia Geforce GTX 780 detailed

We managed to confirm the full spec of the upcoming Nvidia Geforce GTX 780 graphics card as well as some performance…

More...
AMD shares take rollercoaster ride

AMD shares take rollercoaster ride

In the last 52 weeks AMD was on a rollercoaster ride, with prices ranging from $1.81 to $6.46. Yesterday it closed…

More...
HIS iCooler Turbo HD 7790 reviewed

HIS iCooler Turbo HD 7790 reviewed

Today we’ll take a closer look at a factory overclocked HD 7790, courtesy of HIS. The HIS HD 7790 iCooler Turbo…

More...
Kingston DataTraveler Ultimate 3.0 Generation 3 (32GB) reviewed

Kingston DataTraveler Ultimate 3.0 Generation 3 (32GB) reviewed

High capacity USB drives have become commonplace a while ago, but although some memory outfits are peddling huge drives, up…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 19 April 2012 14:22

THQ Q4 results better than expected

Written by David Stellmack

Exceeds expectations, thanks to Saint Row 3

Those that have been quick to close the curtain on THQ might have acted a bit too hasty. THQ has announced its preliminary Q4 results, and surprise, surprise, they are far better than the projected $130 to $150 million that the company predicted. Instead, the company raked in net sales of $160 to $170 million, with the exact number to be announced once the books are balanced.

The credit for the strong sales goes to Saints Row: The Third, which has shipped more than 4+ million copies worldwide, and has had exceptional downloadable content sales that were also ahead of projections.

Besides Saints Row: The Third, THQ was also helped with much better than expected sales of UFC Undisputed 3. While THQ has not released exact numbers for UFC Undisputed 3, the decision to go with an every other year release with the franchise appears to be the right decision.

The news has given THQ stock a bit of a surge, so don’t put a nail in THQ’s coffin just yet. With the aggressive cuts, scaling back and elimination of the release of some titles, if they stay on track THQ just might be able to remain in the game, which is good news for fans of the franchises that they publish.

blog comments powered by Disqus

To be able to post comments please log-in with Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments