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THQ Alters Release Schedule And Earnings Guidance

THQ representatives today announced several changes to the company's product release schedule and as a result updated earnings guidance for the second quarter of fiscal 2...

David Jenkins, Blogger

August 21, 2003

1 Min Read

THQ representatives today announced several changes to the company's product release schedule and as a result updated earnings guidance for the second quarter of fiscal 2004. The net income fell to approximately $0.01 per diluted share on net sales of approximately $105 million. Previous guidance predicted approximately $0.08 per diluted share on net sales of $120 million. The fiscal year ending March 31 was unaffected. The two games responsible for the changes are Sphinx and the Cursed Mummy, which will now ship on November 10 in the US and Warhammer 40,000: Firewarrior which is being upgraded with online functionality and will launch in Europe in September and the US in the third fiscal quarter.

About the Author(s)

David Jenkins

Blogger

David Jenkins ([email protected]) is a freelance writer and journalist working in the UK. As well as being a regular news contributor to Gamasutra.com, he also writes for newsstand magazines Cube, Games TM and Edge, in addition to working for companies including BBC Worldwide, Disney, Amazon and Telewest.

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