Skip to main content

THQ full year sales dead flat, profit turns to loss

The VG247 logo in white on a red background
Image credit: VG247

THQ's reported full year financials showing net sales of $1,030.5 million, compared with $1,026.9 million in the prior year. That's quite some balancing trick.

For the 12 months ending March 31, the company reported a net loss of $35.3 million, or $0.53 per share. In the prior year, the company reported net income of $68.0 million, or $1.01 per diluted share.

"In fiscal 2008, we did not achieve our revenue and profit targets and we are taking aggressive steps to ensure that we significantly improve execution in fiscal 2009 and beyond," said company boss Brian Farrell.

Go Brian. Drown in figures here.

Read this next

Patrick Garratt avatar
Patrick Garratt is a games media legend - and not just by reputation. He was named as such in the UK's 'Games Media Awards', the equivalent of a lifetime achievement award. After garnering experience on countless gaming magazines, he joined Eurogamer and later split from that brand to create VG247, putting the site on the map with fast, 24-hour a day coverage, and assembling the site's earliest editorial teams. He retired from VG247, and the games industry, in 2017.
Related topics

Sign in and unlock a world of features

Get access to commenting, homepage personalisation, newsletters, and more!