Revenue was up 55 percent over last year, to $85.8 million. These results exclude a previously announced non-cash charge of $2.6 million (7 cents per share), for the discontinuation of the Network Interactive Sports (NIS) online joint venture in the United Kingdom.
THQ also increased its 2002 guidance for revenue to $515 million to $525 million ($1.24 to $1.31 per share).
THQ cited
WWF Wrestlemania X8 for Gamecube and
Scooby-Doo!: Night of 100 Frights for the PS2 as the company's best-selling games for the quarter. Other big sellers included
Star Wars Episode II: Attack of the Clones,
Spirit: Stallion of the Cimmaron and
Sonic Advance for the Game Boy Advance; and
WWF SmackDown! 2: Know Your Role,
Scooby Doo, and
Cyber Chase and Sponge Bob Square Pants: Super Sponge for the PSX.
