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THQ Raises Outlook
A strong showing this holiday season led video-game publisher THQ(THQI Quote) to bump up its sales and earnings forecast for the third fiscal quarter and full year 2007, but a delay in the release of a PlayStation 3 game title dampened its outlook for the fourth quarter.
The Agoura Hills, Calif.-based company said it expects revenue of $475 million for the fiscal third quarter ended Dec. 31 and earnings of roughly 97 cents a share, excluding stock-based compensation charges.
Previously, THQ forecast sales of $400 million to $425 million and EPS in the range of 69 cents to 74 cents. ...
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