Good financial news today for THQ. The beleaguered game publisher announced its quarter 4 financial results are set to exceed expectations. They expect Q4 sales to be in the $160-170 million range, up from the $130-150 million they'd previously expected. The good news comes from the strong performances of Saints Row: The Third, UFC Undisputed 3 and “higher than expected” digital sales.
I love being able to report something positive about THQ after our recent string of stories of bad fortunes befalling the game company. When a major industry figure predicts the death of your company in 6 months, the NASDAQ threatens to de-list your stock and you're forced to "refocus" an MMO into a single-player game in the same quarter, things are pretty bad.
I'm just pulling for old THQ -- fewer publishers is ultimately bad for video games as a whole -- so I hope I get to continue posting positive news about the company in the future. Keep your fingers crossed.