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Earnings: Mobile Gaming A Bright Spot For THQ

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Game publisher and developer THQ (NSDQ: THQI) released terrible Q3 earnings — with ballooning losses and revenues down 28 percent year-over-year. But its mobile gaming division was seemingly a bright spot. Q3 mobile game revenues totaled $6.2 million, up 29 percent from $4.8 million in the year-ago period, and jumped 21 percent sequentially. Mobile games made up 3.8 percent of THQ’s overall revenue, up from 2.1 percent last year. Full details at paidContent.org