Video game maker THQ Inc posted a bigger loss than a year earlier but its quarterly sales beat Wall Street expectations as its Warhammer shooter title performed well in September.
For its fiscal second quarter ended September 30, the video game publisher posted a net loss of $92.39 million, or $1.35 per share, compared to a net loss of $46.96, or 69 cents per share a year earlier.
Taking into account the deferral of digital revenue from online games, THQ's net loss was $46.6 million, or 69 cents per share, compared to a loss of $40.6 million, or 60 cents per share a year ago.
Adjusted for digital revenue, THQ's sales rose 70 percent to $119.6 million, which beat the $100.4 million analysts were on average expecting, according to Thomson Reuters I/B/E/S.
THQ, which is known for its WWE SmackDown vs Raw and Saints Row video games, announced in August it was restructuring. It shut down some of its video game studios and cut 200 jobs.
(Reporting by Liana B. Baker; Editing by Tim Dobbyn)