THQ reports revenue to be significantly higher than expected

THQ reported today that it will have higher revenue than previously expected for the fourth fiscal quarter ending March 31. The original expectations for the fourth quarter 2012 revenues was previously $130 million to $150 million. Today’s preliminary unaudited report from THQ shows a much higher $160 million to $170 million, an increase of $20 to $30 million.

brian farrell

THQ’s Brian Farrell laughs about purple dildos and Space Marines (interview)

Brian Farrell is the longtime chief executive of THQ, the publicly traded video game publisher based in Calabasas, Calif. THQ is in the midst of a turnaround effort as it focuses on better, higher-quality games like many other large rivals in the video game business. THQ is making big bets on titles such as Saints Row the Third, Metro Last Light, Margaritaville, Space Marine, and others. (My preview coverage of Space Marine raised quite a stir, but Farrell was quite diplomatic about that.) Farrell a good-humored executive who is doubling down on big titles and is expanding into new digital games. We met up with him for an interview at the E3 trade show in Los Angeles last week, where the company showed off a bunch of major titles.