Red Faction: Armageddon sales disappoint
THQ points finger for poor financial results.
Sales of action sequel Red Faction: Armageddon didn't match THQ's expectations, the publisher has admitted.
Although it wouldn't offer any firm numbers, its earnings report for the first quarter of fiscal year 2012 noted that the game's performance was partly to blame for a dismal few months for the publisher.
THQ recorded a net loss of $38.4 million for the three months leading up to 30th June, compared to a loss of $30.4 million over the same period last year.
"We are disappointed in our first quarter financial performance. Sales of Red Faction: Armageddon and our licensed kids titles were below our expectations, and the late release of UFC Personal Trainer also adversely impacted the quarter," conceded CEO Brian Farrell.
"Despite a light first half, we are looking forward to a strong and profitable second half, including what we expect to be the biggest third quarter, both in revenue and earnings per share, in our company's history, with proven franchises Saints Row, WWE and the uDraw GameTablet, all launching in November."
The Volition-developed title scored a solid 7/10 from Eurogamer's Dan Whitehead back in June. Give his Red Faction: Armageddon review a read for more detail.