
The earnings report for THQ is not currently available. The company is in the process of being liquidated and as such, is no longer required to disclose financial information to the public.
When is the next earnings report for THQ?
The next earnings report for THQ is slated for August 6, 2020. This will be the company's first full report since it emerged from bankruptcy in 2013. Given the current state of the economy, it is likely that THQ's earnings will be closely watched by investors and analysts.
THQ is a global video game developer and publisher. The company has a robust portfolio of products, including franchises like Saints Row, Darksiders, and Red Faction. THQ also owns the rights to produce games based on popular licenses, such as WWE and Star Wars.
In recent years, THQ has been through a number of challenges. In 2012, the company filed for bankruptcy protection. This was a result of a number of factors, including the failure of several key releases, the global economic downturn, and high levels of debt.
THQ emerged from bankruptcy in 2013, and has since been focused on rebuilding its business. The company has made a number of changes, including refocusing its product slate and reducing its workforce.
Given the challenges that THQ has faced in recent years, the upcoming earnings report will be an important indicator of the company's progress. investors and analysts will be closely watching the report for any sign of continued improvement.
What was the last earnings report for THQ?
THQ's last earnings report was released on May 9, 2014. The report showed that the company had a net loss of $61.1 million, or $0.78 per share, for the quarter ended March 31, 2014. This was compared to a net loss of $136.4 million, or $1.78 per share, for the quarter ended March 31, 2013. The company attributed the decrease in net loss to "lower cost of goods sold and a reduction in operating expenses."
Total revenue for the quarter was $109.9 million, down from $150.4 million in the same quarter last year. The company attributed the decrease in revenue to "lower net sales of certain individual titles."
Operating expenses for the quarter were $107.6 million, down from $133.6 million in the same quarter last year. The company attributed the decrease in operating expenses to "lower restructuring charges and costs associated with our combination with Nordic Games, as well as lower marketing and product development expenses."
The net loss for the quarter was partially offset by an income tax benefit of $5.5 million.
As of March 31, 2014, THQ had cash and cash equivalents of $26.3 million. The company's balance sheet also showed that it had long-term debt of $93.9 million and total assets of $466.8 million.
How often does THQ release earnings reports?
THQ is a publicly traded company and is required to release earnings reports on a quarterly basis. However, THQ does not adhere to a strict schedule and has been known to releasing earnings reports sporadically. In the past three years, THQ has released earnings reports in February, May, August, and November.
While quarterly earnings reports are the norm for publicly traded companies, THQ's release schedule suggests that the company is more focused on its operational schedule than on Wall Street's expectations. This is likely due to the fact that THQ is a smaller company and does not have the same level of public scrutiny as larger companies.
In the past, THQ has been known to release earnings reports early, before the end of the quarter. This allows the company to provide investors with updated information on its financial status and give analysts time to revise their forecasts. However, it also means that THQ is not adhering to the schedule that is typically followed by publicly traded companies.
The release schedule for THQ's earnings reports is not set in stone, and the company has been known to release them sporadically. This suggests that THQ is more focused on its operational schedule than on Wall Street's expectations.
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What is included in a THQ earnings report?
A THQ earnings report includes a lot of information about the company's financial performance. This includes information on revenue, profit and loss, as well as a balance sheet. The report also includes a section on the company's operations, which includes information on sales, marketing, and product development.
How do I access THQ's earnings reports?
THQ's earnings reports are available on the company's investor relations website. To access them, go to the website and click on the "Financials" tab. Then, click on the "Earnings Reports" link. This will take you to a page where you can select the quarter you want to view.
What is the purpose of an earnings report?
An earnings report is a financial statement that is released quarterly by public companies in order to report their profits or losses. Its purpose is to give investors and analysts an idea of the company’s financial health and performance. The report includes information on revenue, expenses, and earnings. It also provides details on the company’s shares, dividends, and other financial instruments.
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How do earnings reports impact THQ's stock price?
THQ is a publicly traded company, and as such, its stock price is determined by the collective actions and beliefs of all its shareholders. While there are many factors that can impact THQ's stock price, one of the most important is the company's earnings reports.
Earnings reports show how much profit a company has generated over a certain period of time, and they are closely watched by analysts and investors alike. A strong earnings report can give a boost to a company's stock price, while a weak report can cause the stock price to drop.
There are a few things that analysts and investors look at when evaluating an earnings report. The first is the top-line number, which is the total amount of revenue generated by the company. This is important because it shows how much money the company is bringing in.
The second thing that analysts look at is the bottom-line number, which is the company's net income. This is important because it shows how much profit the company is actually making after expenses are taken into account.
The third thing that analysts look at is the company's earnings per share (EPS). This is a measure of how much profit each share of the company's stock earns. EPS is important because it shows how much the company is making on each share of stock that is owned.
Finally, analysts also look at the company's guidance for the future. This is where the company gives its estimates for how much revenue and profit it expects to generate in the future. This is important because it gives analysts and investors an idea of where the company is headed and whether or not the stock is a good investment.
All of these factors combine to give analysts and investors a picture of the company's financial health. Based on this information, they will make decisions about whether or not to buy, sell, or hold the stock.
Earnings reports are just one of the many factors that can impact THQ's stock price, but they are an important one. A strong earnings report can give the stock price a boost, while a weak report can cause it to drop.
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What are analysts' predictions for THQ's next earnings report?
THQ is scheduled to release its next earnings report on Tuesday, August 8th after the market close. According to Zack's Investment Research, the company is expected to report earnings of $0.15 per share, which would represent a year-over-year decrease of 60%.
Revenue is also expected to be down year-over-year, coming in at $160 million. This would represent a decrease of 11.1% from the $179.9 million in revenue that THQ reported during the same quarter last year.
The company's guidance for the quarter was for earnings of $0.14-$0.16 per share on revenue of $155-$165 million.
Analysts are attributing the expected decline in earnings to the company's struggles in the mobile games market. The company has been trying to pivot to focus more on mobile games, but has struggled to find success.
In addition, the company's core gaming business has also been under pressure. The release of the company's "Homefront: The Revolution" game was delayed, and it is now not expected to be released until early 2017.
The company has also been facing increased competition from other publishers in the budget-priced gaming market.
Overall, analysts are pessimistic about THQ's earnings report. The company is facing challenges in both its core gaming business and its mobile games business. Unless the company is able to turn things around, it is likely that earnings will continue to decline.
What factors could impact THQ's earnings report?
The video game industry is notoriouslycyclical, with each console generation lasting approximately five to seven years. During the last console generation, THQ was one of the three largest third-party publishers, along with Electronic Arts and Activision Blizzard. However, THQ faced many challenges during the current console cycle and was forced to declare bankruptcy in 2012. The company was subsequently acquired by investment firm Clearlake Capital Group LP, and has since emerged from bankruptcy.
Now that THQ is a publicly-traded company once again, it is set to report its earnings for the fiscal year ended March 31, 2017. There are a number of factors that could impact THQ's earnings report.
The first factor is the overall health of the video game industry. The industry has experienced strong growth in recent years, driven by the popularity of new console systems like the PlayStation 4 and Xbox One, as well as the continued rise of mobile and PC gaming. However, there are signs that the industry may be cooling off in the near-term. For instance, research firm Superdata recently reported that global digital game sales fell 4% in January 2017, the first year-over-year decline since 2014. If the industry continues to slow down, it could negatively impact THQ's earnings.
The second factor is the performance of THQ's core business. The company publishes a number of popular franchises, including "Saints Row" and "Red Faction". In addition, THQ has made a significant investment in virtual reality (VR) technology, which is still in its nascent stages but has immense potential. If THQ's core business is performing well, it will likely be reflected in the company's earnings report.
The third factor is the release schedule for THQ's upcoming games. The company has a number of highly-anticipated titles in development, including "Saints Row: The Third Remastered" and "Red Faction: Guerrilla Re-Mars-tered". If these games are released as planned and perform well, it will provide a boost to THQ's earnings. However, if there are delays or other problems with these releases, it could negatively impact the company's earnings.
In summary, there are a number of factors that could impact THQ's earnings report. These include the overall health of the video game industry, the performance of THQ's core business, and the release schedule for the company's upcoming games.
Frequently Asked Questions
When do public companies report earnings?
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How did Tilray's earnings compare to analysts'estimate?
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