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JUNE 14, 2010

Agoura Hills-based videogame maker THQ has drastically lowered its sales guidance, saying early this morning that it has updated fiscal guidance for its fiscal first quarter ending June 30th and fiscal year ending March 31, 2011, due to "lower than anticipated sales" of its title UFC Undisputed 2010, plus a strengthening US dollar.

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THQ Agoura Hills Sales Agoura 133

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DECEMBER 12, 2011

Agoura Hills-based THQ , the developer of videogames, has cut 30 of its staff, due to poor performance of its uDraw tablet for the Wii, Xbox 360, and PS3. The cuts were due to "weaker than expected" sales of the gaming accessory. READ MORE>>.

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THQ Agoura Hills Agoura Sales 140

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JUNE 5, 2012

Agoura Hills-based THQ said late Monday that it has sold off its rights to produce titles for the Ultimate Fighting Championship (UFC) brand, to Electronic Arts. Financial details of the sale were not disclosed. READ MORE>>.

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DECEMBER 12, 2011

Machinima , the Los Angeles animated videogame content developer and publisher, and Agoura Hills-based game developer THQ said today that they have teamed on a new, downloadable shooter game called Nexuiz. Details of the link between Machinica and THQ were not disclosed. READ MORE>>.

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JUNE 20, 2012

Agoura Hills-based videogame maker THQ is shifting its plans today to release an expansion for Saints Row: The Third. THQ said the move came due to a desire to "expand the fiction of the franchise." THQ said the move came due to a desire to "expand the fiction of the franchise."

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THQ Agoura Hills Agoura .Net 133

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SEPTEMBER 28, 2011

Agoura Hills-based videogame maker THQ today said it has entered into a new credit facility with Wells Fargo Capital Finance, worth up to $50M for working capital, plus increases to $75M during peak sales periods. The credit facility replaces an earlier facility it had with Bank of America. READ MORE>>.

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THQ Agoura Hills Agoura Sales 133

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NOVEMBER 3, 2011

Agoura Hills-based videogame maker THQ said Thursday that it expects to see the "biggest quarter in company history" due to holiday sales this season, as it reported nearly doubling its net sales in the three months ended September 30th. The company said it had net sales of $146.0 in the prior year period.

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THQ Agoura Hills Agoura .Net 133

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APRIL 18, 2012

Agoura Hills-based THQ , the embattled videogame maker, is finally seeing some good news, reporting today that it is expecting to report non-GAAP net sales of $160 million to $170 million, above its previous outlook of $130 million to $150 million.

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MAY 26, 2009

Agoura Hills-based THQ reported late Tuesday that the firm's Executive Vice President of Publishing, Scott Guthrie, has resigned. The firm said that Guthrie--who was responsible for the firm's North American sales, distribution, and marketing--is pursuing another opportunity. READ MORE>>.

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NOVEMBER 5, 2008

Agoura Hills-based video game maker THQ said late Wednesday that it is cutting 250 employees, or 17% of its staff, after reporting disappointing results. THQ said it would undertake a "significant" business realignment as its looks to focus on fewer, higher quality titles. READ MORE>>

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MAY 6, 2009

Agoura Hills-based video game maker THQ reported its yearly results Wednesday afternoon, reporting that it saw a net loss of $431.1M on sales of $830.0M. the firm lost on sales of $1,030.5M on net sales of $170.3M, compared with a net loss of $34.5M The losses were significantly higher than the $35.3M

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THQ Agoura Hills Report .Net 100

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FEBRUARY 4, 2009

Agoura Hills-based THQ , a developer and publisher of video games, said Wednesday that it is making "additional cost reduction actions" which includes the layoff of approximately 600 people, or 24 percent of the company's workforce. THQ said the move was a response to the continuing uncertainty in the market. READ MORE>>.

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THQ Agoura Hills Layoffs Agoura 100

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JULY 29, 2009

Agoura Hills-based THQ has swung back into the black, saying Tuesday evening that it had net income of $6.4M on sales of $243.5M and sales of $137.6M for its fiscal first quarter, on the strength of the firm's new UFC 2009 Undisputed title. The positive results compared with a loss of $27.2M

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