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Tuesday, May 6, 2008

THQ Inc (THQI) 4Q:2008 results

THQI still stinks. Miss revenue guidance, lower for next quarter, losses per share far in excess of guidance and subsequently consensus. Profitless prosperity. There's a massive console cycle and they're nowhere near it. They'd really be so much better off as Disney's design house. Doing these licensed games on their own gets them none of that nifty Disney stock.

Still don't like 'em. Still prefer Activision (ATVI) and Nintendo (NTDOY) in the space.

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