Sales Jump at THQ

THQ grew 2006 U.S. console and PC market share to 7.6%, up from 6.8% a year ago, and ranked third among independent publishers in the U.S.

For the fourth quarter, THQ expects sales of approximately $146 million and earnings of about 14 cents, which includes 5 cents a share of stock-based compensation expense. Analysts were expecting sales of $150.5 million, and earnings of 14 cents a share.

For its fiscal year ending Mar. 31, 2008, THQ expects sales of $1.12 billion to $1.15 billion and EPS of $1.34 to $1.44, which includes 23 cents a share in stock-based compensation expense. Analysts had expected sales of $1.13 billion and earnings of $1.38 a share.

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