THQ Nordic: Delivers on high expectations, and two new acquisitions

Research Note

2019-02-13

12:33

THQ Nordic’s report for the fourth quarter of the fiscal year 2018/19 beat our sales projections and came in close to our profit estimates. We find that the company delivered on our high expectations in a flying fashion. In conjunction with the release of the report the company also announced two exciting acquisitions: Warhorse Studios and 18POINT2. 2019 will be an extremely exciting year with the strongest pipeline yet, and we look forward to following along on the growth journey ahead.

KL

TO

Kristoffer Lindström

Tomas Otterbeck

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