THQ had a pretty bad first fiscal quarter for 2011, posting a loss of $38.4 million. The blame for the financial downturn has been all but confirmed to be the result of Red Faction: Armageddon‘s middling scores and worse sales. THQ Brian Farrell stated, shortly after the results were posted, that there are no plans […]
Last week, Take-Two released their fiscal results from Q2 of 2010 (which ends on April 30th). Net revenue saw a 54% increase from the same period last year, with net income seeming a dramatic leap to $16.9 million from last year’s loss of $10.4 million. Releasing an overall report for the six-month period ending on […]
With so many AAA titles being delayed into the next calendar year, it seems probable that all of the games pushed back to avoid a crowded holiday season are in fact creating an equally crowded first quarter of 2010. Developer Capcom seems to agree with the sentiment, as three of its high-profile releases; Lost Planet […]
Developer Take-Two Interactive; publisher for Borderlands, NBA 2k10, and Grand Theft Auto: Episodes from Liberty City; recently announced a slight spike in quarter sales for 2009’s fourth quarter (which ended October 31st) but a massive loss for the fiscal year as a whole. The developer, which pushed back a massive percentage of its high-profile releases […]