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THQ's Loss Is No Surprise
By Steven Mallas
July 28, 2006

THQ (Nasdaq: THQI) reported earnings for the first quarter after yesterday's bell. How did things turn out for the video game maker?

Well, from a GAAP standpoint, not hot at all. Revenues declined 12% to $138.8 million. The operational loss increased 168% to just under $21 million. And the net loss tripled to $12.1 million, or $0.19 per diluted share......
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