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THQ quarterly sales spike

Publisher reports 68 percent jump in revenue for July through September, attributes gains to Saints Row, Company of Heroes, and Cars.

Much like Electronic Arts did yesterday, THQ today reported record results for its second quarter of the fiscal year. But where EA's profits were down, THQ also posted a new high in earnings for the three months ended September 30, 2006.

Crediting strong sales of the open-world Grand Theft Auto-inspired Xbox 360 game Saints Row and the PC real-time strategy game Company of Heroes, THQ reported a 68 percent jump in revenue to $240.2 million from $142.7 million. Continued sales of Disney-Pixar's Cars were also cited as a main factor in the gains.

The publisher also netted $12.6 million in profit, a significant turnaround from the $1.4 million the company lost in the same quarter last year. For that quarter, its big sellers included Destroy All Humans!, Juiced, and Day of Reckoning 2.

After the company announced its earnings, CEO Brian Farrell praised the success of Saints Row and Company of Heroes to investors and analysts in a conference call. THQ owns the intellectual properties on which those games are based, and Farrell said the company plans "to leverage and extend those brands for many years to come."

40 Comments

  • hanlector

    Posted Nov 26, 2006 10:38 am PT

    Good for them =)

  • cjcr_alexandru

    Posted Nov 9, 2006 11:25 am PT

    Yeah, they published some good games this year like Company of Heroes and Saint's Row.

  • darkfox101

    Posted Nov 7, 2006 1:26 am PT

    They make kickarse games! and not fill it with bugs/spyware.. they deserve it

  • racerx737

    Posted Nov 6, 2006 9:39 pm PT

    Saint's Row kicked ass, they need to come out with another one now with a bigger world, and more vehicular options such as planes/helicopters and boats. Awesome graphics, big improvement over GTA, and gameplay was pretty awesome too.

  • vpyroman2

    Posted Nov 6, 2006 9:28 pm PT

    Hazzaa for THQ! They are publishing Supreme Commander. Hazzaa!

  • KingofTrolls

    Posted Nov 6, 2006 11:12 am PT

    THQ is getting as bad as EA with making crap games and re-hashing games like WWE. That WWE game is the same sh*t every year yet people keep re-buying it.

  • wenbin09

    Posted Nov 5, 2006 7:35 pm PT

    It's a great game.. pity that the storyline isn't longer!!! Great effort!

  • miiiguel

    Posted Nov 5, 2006 7:07 am PT

    they did a very good job on Saint's Row atch, MP is almost flawless.

  • thug_angel123

    Posted Nov 5, 2006 5:58 am PT

    no doubt cars was one of there best selling games this year i've lt like 3 or 4 times in uk charts...

  • Thorpe89 Site moderator

    Posted Nov 4, 2006 4:05 pm PT

    Can't wait for WWE SmackDown! vs. RAW 2007 from THQ!

  • Alpha_Omega69

    Posted Nov 4, 2006 3:50 pm PT

    Yeah THQ roxorz your soxorz...lol I just hope they don't turn into a mutant form of EA and buy everything thats out there...DIE EA!!!

  • bringndaheat08

    Posted Nov 4, 2006 8:12 am PT

    company of heroes fricken owns you. i hope they come put with expansions.
    that would be tight

  • Supreme_Fantasy

    Posted Nov 4, 2006 6:13 am PT

    Yay! Well to go Company of Heroes and Saints Row

  • faridmon

    Posted Nov 4, 2006 3:57 am PT

    Cars helped them, something is fishy....

  • Rattlesnake_8

    Posted Nov 3, 2006 9:19 pm PT

    Good on THQ.. hopefully the map editor will be released for COH soon so we can start making maps and movies.

  • PapaGeorgio231

    Posted Nov 3, 2006 7:19 pm PT

    Go Cars!!111 Best game EVA!!!eleven
    I play Cars all day and night and have Cars playing parties!

  • Tw0_Fac3_226

    Posted Nov 3, 2006 6:51 pm PT

    maybe now they can come out with better downloadable content for Saints Row.

  • Kurtisadei

    Posted Nov 3, 2006 5:43 pm PT

    its kind of sad that cars was a factor in thier gains. i mean come on, CARS!!??

  • aus_pride

    Posted Nov 3, 2006 5:42 pm PT

    Yeah what about destroy all humans 2? That game is pretty sweet

  • IceCold87

    Posted Nov 3, 2006 5:38 pm PT

    Good for THQ...They have done some quality work lately.

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