THQ, whose wireless division has gone through a lot of turmoil over the last year or so (and we documented it here at each step), announced its Q2 earnings yesterday, and its wireless/mobile gaming revenues dropped even further: the mobile revs came in at $7.63 million, down from $10.33 million in the year-ago quarter (corrected from previous version…I mistook the percentages for $ millions..the correct way shows even more drop).
Overall the company had a net loss of $12.1 million, compared with a net loss of $3.96 million during the year-ago period. Revenues came in at $138.8 million vs. $158 million.
From conference call transcript: “For the most part [the mobile gorth] was pretty consistent with our expectations. You know, you’re comparing to a strong first quarter with Star Wars. You know, we’re tracking to the approximate 10% growth that we talked about and again, we should be looking as we sort of, you know, shift over the product line for more casual gaming, you should see more significant growth in fiscal 08.”
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