It’s been no secret that THQ has experienced a rough financial year. Titles from the publisher have been delayed or cancelled,
Today, the publisher confirmed the extent of the damage, posting a net loss of $240 million USD for financial year 2011/2012. The financial briefing reconfirms the company’s “realignment plan”, which it claims will save $180 million USD in running costs for fiscal year 2013.
The same document also reveals that the Obsidian-developed will not be released until the early months of 2013. A stand-alone expansion for Saints Row The Third called will arrive this September.