THQ Reports 3rd Quarter Net Income of $4.9 Million
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THQ Inc., Calabasas, reported net income for the third quarter ended Sept. 30 of $4.9 million compared with $2.25 million for the same period last year. Net sales rose to $44.3 million from $26.2 million.
The company also said the board of directors had approved a 3-for-2 stock split, in the form of a 50% stock dividend. The dividend shares will be distributed Dec. 1 to stockholders of record on Nov. 15.
THQ develops, publishes and distributes interactive entertainment software for PC CD-ROM and other platforms including Sega, Nintendo and Sony.
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