i didnt get the game..they had me fooled though..i thought this was gonna be a serious contender..it was so awful...just pure crap..glad I rented first..
Homefront ships 2.6 million, THQ loses $136.1 million
North Korean-invasion shooter hits milestone as publisher posts steep expanded annual shortfall; uDraw coming to Xbox 360 and PS3 this holiday.
Today, publisher THQ reported its earnings for its 2011 fiscal year, which ended on March 31, 2011. During the 12-month period, the company lost $136.1 million dollars on $665.3 million in revenue, an increase from a $9 million loss on $899.1 million during the year prior. January-March losses were $44.1 million on $124.2 million in revenue, a bigger loss than the $10.4 million shortcoming on $197.7 million in revenue the company posted during the same period in 2010.
CEO Brian Farrell tried to put a positive spin on the results--which were in line with its estimates--highlighting the performance of the recently released shooter Homefront. "We have already shipped 2.6 million units, a solid start for this new franchise," he said. Day-one sales of Homefront totaled 375,000 units in North America alone, with sales topping 1 million units worldwide as of March 24. The game was released in the US and Canada on March 15 to decent ratings from critics.
Farrell also revealed that this coming holiday season, THQ will release Xbox 360 and PlayStation 3 versions of its uDraw tablet. The previously released version of the accessory, which lets users create their own artwork on the Wii, shipped 1.7 million units during THQ's 2011 fiscal year. During that same period, THQ also shipped 4 million units of WWE-branded wrestling games, including SmackDown vs. Raw 2011 and WWE All Stars.
Looking ahead, THQ reaffirmed the following titles for release during the April-June quarter: Fantastic Pets (April 12), Rio (April 12), SpongeBob Squigglepants (April 12), MX vs. ATV Alive (May 10), Kung Fu Panda 2 (May 24), Red Faction: Armageddon (June 7), and UFC Personal Trainer: The Ultimate Fitness System (June 14). Other releases set for this calendar year include Warhammer 40,000: Space Marine (summer) and Saints Row: The Third (fall). The company also said it expected digital revenue to double in the coming fiscal year.
47 comments
Another so called "Call of Duty Killer" goes down. I bought Homefront with high hopes. It's awful.
Sad to see THQ going downhill. They publish some good games (and no i am not talking about homefront)
Just goes to show that an aggressive marketing campaign can sell a mediocre game at best.
Conversation powered by Livefyre
Content you might like…
-
THQ made 'massive mistakes' says Rubin
Former president says company had every chance to survive if it weren't for mistakes like uDraw and "haphazard and inefficient approach to deal-making."
- Jan 31, 2013
Users who looked at this article also looked at these content items.
Hot Stories
Newsmakers
-
Preowned games on Xbox One decided by publisher
Microsoft confirms that it won't charge any fees for any titles eligible for resale. Full Story
- Posted Jun 7, 2013 12:00 am GMT
-
Microsoft confirms required 24-hour check-in for Xbox One
Playing Xbox One games on somebody else's console will also require a check-in every hour. Full Story
- Posted Jun 6, 2013 11:41 pm GMT
Featured Stories
-
PlayStation 4 will cost $399
Sony confirms a $399/€399/£349 price for the PlayStation 4 hardware, $100 cheaper than Microsoft's Xbox One. Full Story
- Posted Jun 11, 2013 7:19 am GMT
-
New Halo coming to Xbox One; runs at 60fps
Will be coming in 2014. Full Story
- Posted Jun 10, 2013 7:11 pm GMT
-
Del Toro calls BioShock Infinite a 'mindf*ck'
Pan's Labyrinth director praises Ken Levine and Irrational Games for latest BioShock, says he would consider large-scale Pacific Rim game "God willing." Full Story
- Posted Jun 13, 2013 4:53 pm GMT
-
Microsoft: Xbox One will be leading product people love and embrace
Xbox boss Don Mattrick believes concerns over connectivity are overblown, recommends Xbox 360 for those without an Internet connection. Full Story
- Posted Jun 12, 2013 1:52 am GMT
-
New Mirror's Edge is open-world
EA Labels boss Frank Gibeau describes new project as "open-world action adventure game." Full Story
- Posted Jun 12, 2013 6:45 pm GMT
Submit News
Related Game
Related Games
Recent News
-
Sony on why it won't hinder PS4 used games--flexibility creates value
PlayStation boss Jack Tretton says ability to freely resell games creates value in the initial purchase; PS4 won't require online check-in because many...
