THQ loses $431 million in 2008
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May 6th, 2009
THQ released their annual earnings report, and like with EA, it doesn’t look good. THQ’s revenue declined 22 percent to $800 million, while overall, the company saw losses of $431 million in fiscal 2008, compared to a loss of “just” $35 million in 2007.
Common with earnings reports, sales numbers for games were released as well. The number showed that THQ’s two best franchises were doing fairly well; Dawn of War franchise has sold over 4.5 million units, while the Saints Row franchise has sold over 5 million units.
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