THQ (THQI) Q1 2013 Earnings Call August 06, 2012 5:00 pm ET Executives Lisa Mueller Brian J. Farrell - Executive Chairman and Chief Executive Officer Paul J. Pucino - Chief Financial Officer, Chief Accounting Officer and Executive Vice President Jason Rubin - President Analysts Arvind Bhatia - Sterne Agee & Leach Inc., Research Division Douglas Creutz - Cowen and Company, LLC, Research Division Atul Bagga - Lazard Capital Markets LLC, Research Division Thomas Andrews Bradley G. Safalow - PAA Research LLC Ryan Gee - BofA Merrill Lynch, Research Division Michael Hickey - National Alliance Capital Markets, Research Division PresentationOperator
Good afternoon. My name is Dianne, and I will be your conference operator today. At this time, I would like to welcome everyone to the THQ Inc. Fiscal 2013 First Quarter Results Conference Call. [Operator Instructions] I would now like to turn the call over to Lisa Mueller, Director of Investor Relations. You may begin your conference. Lisa Mueller Thank you, and good afternoon, everyone. On today's call, we will make forward-looking statements regarding our current expectations, estimates and projections about the business of THQ, including statements regarding our expectations for the second quarter ending September 30, 2012, and the fiscal year ending March 31, 2013. These statements are based upon management's beliefs and certain assumptions made by management and are subject to risks and uncertainties that may cause actual results to differ materially from today's forward-looking statements due to the discussion of trends, risk factors and other cautionary statements that are described in our March 31, 2012, Form 10-K and subsequent filings with the SEC. A copy of these filings may be obtained from our website. Unless otherwise required by law, THQ disclaims any obligation to update its view on any such risks or uncertainties after the date these statements are made.
Shares of THQ (Nasdaq:THQI) were gapping down Wednesday morning with an open price 10.3% lower than Tuesday's closing price. The stock closed at 68 cents yesterday and opened today's trading at 61 cents.
Shares of THQ (Nasdaq:THQI) were gapping down Friday morning with an open price 22.4% lower than Thursday's closing price. The stock closed at 76 cents yesterday and opened today's trading at 59 cents.