William Blair & Company maintains ‘Outperform’ rating on THQ (THQI)

William Blair & Company a Chicago based investment firm has released a research report on video game company THQ, Inc THQI. Analysts reiterated an ‘Outperform’ rating for the stock. The company declared its quarterly results, reporting revenue of $160 million which in line with the guidance. According to the analysts at William Blair, per share loss of $0.21 was better than the consensus of $0.24 loss per share. The analysts feels that company has not performed up to expectations. They revised the estimation of company’s revenue outlook for the current fiscal by decreasing estimated revenue from $858 million to $857 million and EPS from $0.02 to ($0.09).
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