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THQ Posts $136M Loss For Fiscal 2011



THQ has announced the financial results for its 2011 fiscal year, posting a loss of $136.1 million, significantly more than the $9 million it lost in fiscal 2010.

Revenue was reported at $665.3 million, also down from the $899.1 million in the prior year.

Fourth quarter comps fared a little better, with revenue reported at $124.2 million (down from $197.4 million) and a loss of $44.1 million (from $10.4 million), consistent with its guidance.

Click here to read more.

(thanks to Mike Informer)


Post Category: News

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3 Responses

  1. AJ Starr says:

    Boy, who would think pumping out broken, unfinished gsmes for so many years would end up costing them so much money?

  2. Korey Parker says:

    Do you think the games will start to become more and more PG? What if they make chair shots impossible within the games and just do away with weapons altogether? I’m not saying you HAVE to have tables and chairs to have a good wrestling match or game but in a video game they help with the imaginative aspect of it and allow for more fun.

  3. deathedge says:

    @Korey Parker

    If this keeps on going, it might be a while before you have to worry about a wwe video games.

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