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  • THQ improves financial loss expectations for fourth quarter

     
    Although THQ has had some tough times over the past few months, the publishing company announced today that it will cut it’s projected loss for Q4 from $.35 to $.50 a share, to $0.10 – $0.20 a share. 
     
    A large portion of this improvement can be shouldered on the sales of ‘Saints Row: The Third”, which has just passed the 4 million shipped marked with strong digital content sales since it was released.
     
    The publisher expects to finish their ‘non-GAPP’ net sales’ higher then expected as well, going from $130 – $150 million projected to $160 – $170 million projected. THQ stated that it will report its full-year and fourth quarter results on May 15.
     
    source | THQ

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