THQ has now bared all for the "challenging fiscal" year gone, they report a net loss of $431.1m with dipped sales from the previous year. CEO Brian Farrell remains positive that THQ will return fighting fit next year when they once again start making a profit.

The publisher announced they "signed a commitment letter for a $35 million senior secured credit facility with Bank of America," with CFO Paul Pucino going on to explain they're "pursuing this credit facility as a prudent backup to our $141 million cash and short-term investment balance at March 31, 2009."

JamieSI via strategyinformer.com »