Tag Archives: THQ Inc.

One Week After Launch, Sell Through Indicators for Darksiders Suggest Potential Upside to Our Previous Estimates

January 13, 2010 – 4:32 pm

Approximately 2-weeks ago we published a report highlighting our positive expectations for Darksiders, THQI’s second major launch of owned intellectual property (IP) this fiscal year.  In our view, investors continue to underestimate the significant progress THQI has made towards establishing itself as a meaningful developer and publisher of “core gamer” focused titles.  When looking at the [...]

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Darksiders Looks to be Another Highly Rated, Internally Developed, Owned IP for THQI – Outlook For Shares Increasingly Compelling

December 31, 2009 – 9:38 am

In our original report on THQI, we argued that FY10 would represent the company’s transition from a pure “kids” and “licensed” video game publisher to a leading developer of industry defining owned intellectual property (IP).  Thus far in FY10, the company has released one key new owned IP — Red Faction: Guerilla, which received an average [...]

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PAA Research SMid Cap Portfolio Update

December 21, 2009 – 1:54 am

We wanted to provide you with an update on the performance of our SMid Cap portfolio, which we introduced on 9/3/09. As a reminder this is a “mock” portfolio with an initial value of $100 million. We plan to manage the portfolio like a long/short equity hedge fund.
Here are the highlights of the performance since [...]

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More Consolidation in the Video Game Sector? Rumors Continue to Swirl Around THQI

September 22, 2009 – 4:13 pm

THQI shares rallied strongly today based on rumors that the company could be “in-play” as an acquisition target.  This is not the first time there has been rampant speculation surrounding THQI as a potential takeover candidate.  We have not written about THQI in some time. To be quite honest there has been little to say about [...]

By PAA Research | Posted in Long Ideas, Video Games/Interactive Entertainment | Also tagged , , , , , , , , , , , , , , , | Comments (3)

Addressing the Most Pressing Questions From Our Readers About THQI Today

July 29, 2009 – 2:55 pm

It has never been our intention to write about one company on a daily basis or give our thoughts about every single earnings release (there are plenty of traditional sell-side firms that do a reasonable job of the pre and post-view of any given quarter).  However, we have received a flood of questions today about [...]

By PAA Research | Posted in Long Ideas, Uncategorized, Video Games/Interactive Entertainment | Also tagged , , , , , , , , , | Comments (0)

What to Expect for THQI’s 1Q10 Earnings Release; How Will Management Handle Guidance?

July 28, 2009 – 11:50 am

THQI will release its 1Q10 earnings after the market close today.  The company will host a conference call at 5PM EST.  You can listen in here.  We have written at length about the strong sales of UFC over the course of the quarter and the reasonably positive reception to Red Faction: Guerilla, one of the company’s [...]

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THQ, Inc. Finally Wins In Its Arbitration Suit with JAKKS Pacific – The Earnings and Cash Flow Implications; Extension of WWE License Through 2014 Should Follow

July 27, 2009 – 7:44 am

THQI announced this morning that the company received a favorable ruling in its binding arbitration with JAKKS Pacific Ltd surrounding the two companies joint venture (THQ/JAKKS) which was granted the right to publish WWE based video games in October 1998.  The settlement of the arbitration suit has been a long time coming for THQI and should boost the [...]

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THQI: UFC Undisputed 2009 3MM Units Sold and Counting….

July 12, 2009 – 1:20 pm

At a fan expo for UFC 100, the chairman and CEO of UFC, Lorenzo Fertitta made a few comments about UFC Undisputed 2009 and responded to a question about Electronic Arts’s imminent foray into the MMA space. Here is what he said in response to the question “If a fighter signs with EA Sports, [...]

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THQI: Gamestop Midnight Launch Party and High Ratings Suggest Strong Sell Through for UFC Undisputed

May 19, 2009 – 11:27 am

One of THQI’s most important games of the year, UFC Undisputed 2009 was released today. As we have highlighted in the past (here, here, and here), buzz for the game leading up to its release was quite strong. THQI’s stock is rallying today based on strong reviews for the game. According to metacritic.com, [...]

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The Catalysts for THQI: UFC and More

May 7, 2009 – 10:44 am

THQI reported results last night. You can find the details here. As we expected, the results were not nearly as important (some might even call them an afterthought), as the outlook provided by management and their commentary on the upcoming game slate for FY10.
Thoughts/Observations from the quarter and conference call:

We were pleasantly surprised [...]

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