THQ Nordic
THQ Nordic: Q2 preview, quarterly variations to be expected (Redeye)
2017-08-09 15:40
THQ Nordic will present their report for the second quarter of 2017 on Tuesday the 15th of August; we expect a healthy rise in net sales of 19% with an EBIT margin of 25%. Compared to the last quarter there were, as expected, fewer new game releases. The variations between quarters, due to the release schedules, will be visible. We eagerly await the high-season during Q4, when we expect the company to produce more income in one-quarter than during the whole of 2016. We urge investors to focus on the bigger picture; the ongoing development of THQ Nordic’s extensive portfolio of IP asset and smart publishing deals, and not on exact quarterly growth numbers.
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