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Red Faction Armageddon delayed to May 2011; THQ lowers financial guidence

The next Red Faction game will be coming out a bit later than first announced. Publisher THQ announced today that the sci-fi shooter Red Faction: Armageddon, originally due for release in March 2011, will now be coming out a couple of months later in the May 2011 time frame. No specific reason for the delay was announced.

This move by THQ pushes the game out of the company's current fiscal year which ends on March 31, 2011. Because of this change THQ has lowered its revenue expectations for the fiscal year. Previously it had said it expected revenues between $845 million to $865 million. It now says that it expects revenues to come in between $800 million to $825 million for the fiscal year. it also expects to post a loss for the entire fiscal year versus its previous predictions of a break even fiscal year.

THQ also announced today it plans to release the third person action game Warhammer 40,000 Space Marine in the summer of 201. In addition, the next game in the Saints Row open world action game series is due out in the fall of 2011.


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