Videogame maker THQ (THQI) +40% premarket after raising its FQ4 outlook due to strong sales of...

|By:, SA News Editor

Videogame maker THQ (THQI) +40% premarket after raising its FQ4 outlook due to strong sales of its Saints Row: The Third game. Expected EPS loss is now $0.10-$0.20 vs. consensus loss of $0.40, on revenue of $160M-$170M vs. $142.3M consensus. THQ expects to report cash and cash equivalents of ~$76M, three times higher than its previous estimate.