Beacon Equity Issues Trading Outlook for THQ Inc.
The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
(EMAILWIRE.COM, August 25, 2009 ) DALLAS (August 25, 2009) BeaconEquity.com announces an THQI' style=''>investment report featuring interactive software company THQ Inc. (Nasdaq: THQI).
The investment report on THQ Inc. (Nasdaq: THQI) should be of particular interest to other software companies: Activision Blizzard Inc. (Nasdaq: ATVI), Microsoft Corp. (Nasdaq: MSFT), Oracle Corp. (Nasdaq: ORCL) and Electronic Arts Inc. (Nasdaq: ERTS).
It is available at: http://www.beaconequity.com/i/THQI
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity
THQ Inc. (THQI) engages in the development and publishing of interactive entertainment software worldwide, such as Microsoft Xbox 360, Nintendo Wii, Sony PlayStation 3, and Sony PlayStation 2. The Company offers interactive software for handheld platforms, including Nintendo Dual Screen, Game Boy Advance and PSP portable entertainment system.
In the report, the analyst notes:
“Despite the weakness in the video games sector, THQI posted strong revenue growth in the Company's first quarter of 2010, increasing nearly 77% from the same quarter last year. Revenue growth was driven by strong releases from ‘UFC 2009 Undisputed’ and ;Red Faction: Guerrilla,’ and turned a previous fourth-quarter 2009 loss into a 9-cent first-quarter profit for fiscal 2010. …
“Analysts see a lull in the Company's revenue growth, following the announcement of competitor Activision Blizzard's new line-up of releases and an anticipated void in THQI's inventory, as well as expected revenue weakness from the Company's prior game releases. Contrastingly, competitors have struggled in the latest quarter, citing weaker sales of existing inventory. Consumers have drastically cutback on spending for entertainment, but more pointedly, have reserved spending awaiting new game releases.”
To read the entire report visit: http://www.beaconequity.com/i/THQI
BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com
Beacon Equity Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
The investment report on THQ Inc. (Nasdaq: THQI) should be of particular interest to other software companies: Activision Blizzard Inc. (Nasdaq: ATVI), Microsoft Corp. (Nasdaq: MSFT), Oracle Corp. (Nasdaq: ORCL) and Electronic Arts Inc. (Nasdaq: ERTS).
It is available at: http://www.beaconequity.com/i/THQI
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity
THQ Inc. (THQI) engages in the development and publishing of interactive entertainment software worldwide, such as Microsoft Xbox 360, Nintendo Wii, Sony PlayStation 3, and Sony PlayStation 2. The Company offers interactive software for handheld platforms, including Nintendo Dual Screen, Game Boy Advance and PSP portable entertainment system.
In the report, the analyst notes:
“Despite the weakness in the video games sector, THQI posted strong revenue growth in the Company's first quarter of 2010, increasing nearly 77% from the same quarter last year. Revenue growth was driven by strong releases from ‘UFC 2009 Undisputed’ and ;Red Faction: Guerrilla,’ and turned a previous fourth-quarter 2009 loss into a 9-cent first-quarter profit for fiscal 2010. …
“Analysts see a lull in the Company's revenue growth, following the announcement of competitor Activision Blizzard's new line-up of releases and an anticipated void in THQI's inventory, as well as expected revenue weakness from the Company's prior game releases. Contrastingly, competitors have struggled in the latest quarter, citing weaker sales of existing inventory. Consumers have drastically cutback on spending for entertainment, but more pointedly, have reserved spending awaiting new game releases.”
To read the entire report visit: http://www.beaconequity.com/i/THQI
BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com
Beacon Equity Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
Contact Information:
Beacon Equity
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Beacon Equity
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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