Tag Archives: financial results

THQ reported an annual net loss of $431 million, a considerable drop from its $35 million loss the year prior. THQ Chief Executive Brian Farrell opened the company’s earnings conference call on Wednesday by stating it had been a disappointing year for the California-based publisher. Sales sunk to reach $830 …

A Thomson Reuters poll has revealed that analysts expect EA will later today post sales of some $631.9 million. The surveyed group are also expecting a loss of 43 cents per share on those sales figures. Wedbush Morgan analyst Michael Pachter, in a note to investors, was upbeat about EA’s …

Apple posted unexpectedly successful quarterly results yesterday in the face of tight economic times. Net profit had reached $1.21bn during the quarter; a notable rise from the $1.05bn attained in the same three-month period last year. Sales were also uncharacteristically up for a sector looking down, jumping 8.7 per cent …

GAME Group has posted encouraging gains in both turnover and profit during its preliminary results for the year ended 31 January 2009. Group turnover reached 1.97bn for the period, an impressive 32 per cent gain on the 1.49bn achieved in the same period last year. At the same time the …

Chip maker AMD saw losses widen in the first calendar quarter as the PC market went through a painful sales drought. A slump in demand for microprocessors saw quarterly sales sink by 21 per cent to reach $1.18bn, though this was still better than the previously projected result of $978 …

Sainsbury’s has announced that it enjoyed its best ever Christmas period, boasting strong performance and healthy increases in sales during the third quarter of its financial year. The supermarket reported that total sales for the three months ended January 3rd had risen by 4.8 per cent, or 5.3 per cent …

Following Take Two’s stern rejection of EA’s $26 per share offer for the firm earlier today , Wedbush Morgan’s Michael Pachter has stated that he believes the publisher’s board has made an error of judgement. We’re frankly surprised by Take Two’s rejection of EA’s offer,” Pachter stated. Although many of …

In the wake of last night’s financial report from Rockstar-owning Take Two, Wedbush Morgan analyst Michael Pachter has stated that the upcoming financial uplift that will accompany the release of GTAIV is not enough to hide the problems faced by the publisher. Take Two is pretty much the same company …

Following Take Two’s financial results last night , leading games analyst Michael Pachter has said he is unimpressed with the results, though he does expect GTAIV to be an overwhelming success. We are relatively unimpressed with Take Two’s lineup for the next financial year with the glaring exception of GTA …