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THQ swings to Q2 profit on UFC success

ufcu

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.

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Patrick Garratt

Founder & Publisher (Former)

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.

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