Apr 18, 2012

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Higher Than Expected Sales For THQ

Higher Than Expected Sales For THQ

In some rather startling news today, THQ announced that it expects to make more than it originally projected. And this is all in thanks to “higher than expected” sales of Saints Row: The Third and UFC Undisputed 3.

The publisher now expects to make $160-$170 million instead of the original projected amount of $130-140 million for their fourth quarter fiscal year earnings. Saints Row: The Third has had strong sales, more than 4 million units sold. UFC Undisputed 3 also did well due in part to a great Metacritic rating of 85.

Thanks to the updated fourth quarter results, the year end cash balance for THQ will be $76 million.

[Source: Gamasutra]