Early Monday morning, video-game manufacturer THQ (THQI) announced that a stronger U.S. dollar and lower-than-expected sales of UFC Undisputed have caused the company to lower its first-quarter and full-year revenue forecast.
The company now believes it will report full-year net sales in a range of $845 million to $865 million, along with managing to break even on per-share earnings. THQ had earlier forcast net sales to total between $905 million and $920 million with earnings between 25 cents per share and 30 cents per share. As for analysts, expectations were for 31 cents per share with revenue of $913.4 million.
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