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THQ’s Q2 Results and Are They Going Private?

Posted on November 5, 2012 AT 07:01pm

THQ released their Q2 Earnings today, and what was surprising was how little information was included in it. What is clear is that while they are pushing some sales of their games, their losses are still pretty hefty and they are still on a downslide. Things are not looking up at all for them when they are pushing that Darksiders II’s metacritic score of 83 and shipping 1.4 million copies is one of their quarter highlights, as well as losses-per-share not being as high as expected.

There is also a note in their earnings statement about working with Centerview Partners LLC in concerns with their future and them releasing no guidance for future earnings. Those two things together are hinting at them looking to once again become a private company and de-listing completely. Seeing as though they are getting battered in the public market, it would probably help them out quite a bit to become a privately-held company at this point.

Dave Walsh is the Owner and Editor-in-Chief of Kickboxing website, one of the foremost authorities on the sport of Kickboxing online. He is also a novelist, musician and avid gamer. Follow at @LiverKickdotcom

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