THQ reports $9.3 million Q1 2008 loss

THQ has announced its fiscal 2008 Q1 results, reporting a net loss of USD 9.3 million.

The loss per share of USD 0.14 included stock-based compensation expenses of USD 0.05 per share, and a tax benefit of USD 0.10 per share related to prior years that will not change the company's expected full-year tax rate.

Net sales for the first quarter were USD 104.5 million, led by Disney/Pixar's Ratatouille and catalog sales of Disney/Pixar's Cars and WWE Smackdown vs. Raw 2007. Sales were down USD 34 million from the same period last year.

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DiLeCtioN3883d ago

i want some of their loss lol

Itachi3883d ago

then give me $9.3 million

Staircase3883d ago

Once SDVR08 comes out, all that will be cleared. Those games kick so much ass.