Earnings: THQ Wireless Revs Fall 31 Percent, Overall Rev Falls 4.5 Percent

THQ (NSDQ: THQI) has released its Q307 earnings, reporting net sales of $229.3 million, a fall of 4.5 percent compared to the same quarter a year ago, which saw $240.2 million in revenue. THQ reported a net loss of $7.0 million, compared to a profit of $11.6 million a year ago. THQ’s revenue share from wireless was 2.1 percent, compared to 2.9 percent a year ago. That equates to $4.8 million in Q307, compared to $7.0 million a year ago. That’s up slightly sequentially (last quarter was $4.2 million) but not enough to get the kind of growth THQ was hoping from wireless this year.
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