informa
1 min read
article

THQ Regains Full Nasdaq Compliance

Representatives from publisher THQ have announced that the company has regained compliance with Nasdaq's filing requirements and will continue to be listed on the Nasdaq ...
Representatives from publisher THQ have announced that the company has regained compliance with Nasdaq's filing requirements and will continue to be listed on the Nasdaq Global Select Market. THQ had been under threat of delisting since November of last year when it was late in filing its quarterly results. As with a few other major publishers, the cause for the delay was an internal investigation, with independent legal counsel and outside accountants, into the company’s measurement dates for stock option grants issued in the past. However, following recent news that the investigation turned up "no evidence of misconduct," THQ filed its quarterly report on January 19, as well as its amended annual report. Shortly prior to the filing, THQ raised its quarterly and annual outlook for the year from estimates of $400-425 million to $475 million, following better than expected sales of licensed franchises such as Cars and WWE SmackDown vs. Raw 2007. The company expects to report its fiscal third quarter results before market open on Friday, February 2, 2007, and to host a conference call to discuss these results and the company's fiscal 2008 business outlook later that day.

Latest Jobs

Studio Pixanoh LLC

Los Angeles, California
05.20.22
Combat Designer

Treyarch

Playa Vista, California or Vancouver, BC
05.20.22
AI Engineer

Question

Remote
05.20.22
Lead Level Designer (South Park)

Remedy Entertainment

Helsinki Metropolitan Area, Finland
05.23.22
Rigging Artist
More Jobs   

CONNECT WITH US

Register for a
Subscribe to
Follow us

Game Developer Account

Game Developer Newsletter

@gamedevdotcom

Register for a

Game Developer Account

Gain full access to resources (events, white paper, webinars, reports, etc)
Single sign-on to all Informa products

Register
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more