Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC) -- Ignore unavailable to you. Want to Upgrade?

To: TheSlowLane who wrote (3646)	11/3/1999 10:46:00 PM
From: Director	Read Replies (1) \| Respond to of 4231

Do children's games sell?... THQ Inc. (NASDAQ:THQI - news) today announced record results for the third quarter of 1999, the 10th consecutive quarter of record revenue and earnings. For the three months ended September 30, 1999, net income more than doubled to a third-quarter record $4,941,000, or $0.37 per diluted share, on a 69% increase in revenue to a third-quarter record $44,289,000... Brian Farrell, president and chief executive officer of THQ, said that third quarter results reflected strong performance both domestically and internationally. He said that growth in the domestic market was driven by the release of ``Championship Motocross(TM) featuring Ricky Carmichael' for PlayStation(TM), ``Road Rash(TM) 64' for Nintendo© 64 and ``Destruction Derby(TM) 64' for Nintendo 64. THQ's ``Rugrats' franchise continued to demonstrate strong global consumer appeal across all platforms, accounting for 28% of sales in the quarter. RUGRATS ACCOUNTED FOR 28% OF SALES! NewKidCo has eleven games this Q. Eleven children's games... with Sesame Street and Disney characters on the cover sleeve. This is going to be good.