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THQ sales rocket up by a third

by Neil Long
Friday, February 2nd 2007 at 10:45AM GMT

Colin Campbell at next-gen.biz reports that THQ’s sales were up to $476 million, from $358 million a year ago. Net income was $62 million against $47 million last year. For the nine months ended December 31, net sales increased 30 per cent to $855 million, from $658 million last year. Profits were $61 million against $41 million.

“Our success was driven by our Disney/Pixar, WWE and Nickelodeon franchises, as well as outstanding results for our two newest owned intellectual properties, Saints Row and Company of Heroes,” said Brian Farrell, president and CEO. “We now own six well-established franchises, each with one million plus unit sales that we plan to sequel and extend well into the future.”

THQ grew its 2006 US console and PC market share to 7.6 per cent, up from 6.8 per cent a year ago, and was the number three independent publisher in the US.

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