T.HQ Inc. Expects Loss for the Fiscal Year
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T.HQ Inc. announced that it expects to post a loss for the fourth quarter of 1993 and for the fiscal year. The Calabasas-based entertainment company said it also expects 1994 to be marred by sluggish sales.
T.HQ’s stock was trading at $3.75 per share at the beginning of 1993. On Friday, the stock closed at $1.00.
The company publishes software for Nintendo and Sega, based on popular movies, television shows and arcade games.