16:07 PMTHQ (THQI): FQ1 EPS of $0.10 beats by $0.18. Revenue of $244M (+77%) vs. $203M. Sees Q2 revenue of $85M-95M vs. $123M. Shares -0.8% AH. (PR)
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16:37 PMTHQ (THQI): FQ4 EPS of -$0.54 misses by $0.20. Revenue of $170M vs. $149M. Expects year-end cash balance at least $50M higher next year. Secures $35M credit line with BofA (BAC). (PR)
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08:23 AM
Tech firm OnLive Inc. is creating a service to let users play fast-action games without buying game consoles. Nine software publishers (including ERTS, TTWO, THQI) will offer titles through the service. The move could cause trouble for PS3 (SNE) and Xbox 360 (MSFT).
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16:37 PMTHQ (THQI): FQ3 EPS of -$0.14 misses by $0.21. Revenue of $386M (-24.3%) vs. $403M. Continues to experience a cautious retail and consumer environment. No FQ4 guidance. (PR)
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16:27 PMTHQ Inc. (THQI): FQ2 EPS of -$0.46 misses by $0.08. Revenue of $165M (-28.1%) vs. $160M. Sees FQ3 EPS of $0.05-0.15 vs. $1.09 and revenue of $400-420M vs. $566M. Announces restructuring plan to focus on fewer, higher quality titles. (PR)
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