THQ: Is this the beginning of the end?
With most of its games delayed, and with the company pulling all financial guidance, looking desperately for more money, and refusing questions from analysts, Gamasutra analyst Chris Morris wonders if there’s a future left.
It’s starting to look like THQ is entering the end game.
The company beat the forecasts of financial analysts Monday, but tempered that good news with a lot of bad. Earnings guidance was suspended. The guidance for the rest of this fiscal year? Just forget about that, said the company. Big games? Delayed – with the biggest being pushed into the next fiscal year. And the money? Running short.