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THQ Still Going Strong in 2Q

THQ announces its ninth consecutive quarter in the black.

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THQ Inc. reported Thursday that for the ninth consecutive financial quarter, the computer- and video-game company has gained record revenues and earnings. For the second quarter ending June 30, 1999, THQ reported a net income of roughly US$4.4 million on $51.3 million in revenue.

This is compared to $2.8 million income and $29.3 million for the same quarter in 1998, though all numbers exclude the acquired game developer Pacific Coast Power & Light Co., bought by THQ in May 1999.

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