THQ Q1 losses nearly triple to $27 million

By Patrick Garratt
31 July 2008 06:30 GMT

As reported by Gamespot, THQ’s posted a loss of $27 million for the first quarter ending June 30.

The shortfall is nearly triple the $9.3 million deficit it suffered during the same quarter last year.

The loss was mainly down to development costs, however, and the company posted net earnings of $137.6 million, $33.1 million more than the corresponding previous period.

More through the link.

Sometimes we include links to online retail stores. If you click on one and make a purchase we may receive a small commission. Read our policy.

VG247 logo

Buy our t-shirts, yeah

They're far more stylish than your average video game website tat.

VG247 merch