THQ swings to Q2 profit on UFC success

Tuesday, 28 July 2009 22:00 GMT By Patrick Garratt


Swings and roundabouts. THQ’s reported a profit for its second quarter, showing a net income of $6.4 million, or 9 cents a share, compared to a loss of $27.2 million, or 41 cents a share, for the same period the previous year.

UFC Undisputed was tagged for the increase.

Revenue rose 77 percent to $243.5 million.

Consensus estimates had pegged the publisher’s quarter at a 8 cents-per-share loss.

More here.