Dear Reader:
You are viewing
a story from GN Version 4.0.
Time may not have been kind to formatting, integrity of links, images, information, etc.
Pachter predicts puny profits pertaining to THQ
The following analysis comes from Wedbush analyst Michael Pachte.r..
- expecting revenues slightly below expectations
- this is due to "a series of mediocre releases."
- lower-than-expected sales
- THQ's quarterly sales were up 19 percent from 201
- this is still below expectations of 36 to 50 percent growth for the period
- THQ is also likely to miss its revenue targets for the full fiscal yea
- "The quality of upcoming games must improve significantly for the company to show earnings improvement, and execution remains uneven."
link
- expecting revenues slightly below expectations
- this is due to "a series of mediocre releases."
- lower-than-expected sales
- THQ's quarterly sales were up 19 percent from 201
- this is still below expectations of 36 to 50 percent growth for the period
- THQ is also likely to miss its revenue targets for the full fiscal yea
- "The quality of upcoming games must improve significantly for the company to show earnings improvement, and execution remains uneven."
link