A mixed earnings report and a more conservative outlook sent shares of Agoura Hills video game publisher THQ Inc. down in aftermarket trading Wednesday.

After the markets closed, THQ reported a fiscal third-quarter net loss of $14.9 million (-22 cents per share), compared with net income of $542,000 (1 cent) a year earlier. Revenue dropped 12 percent to less than $315 million.

Results included a $30.3 million impairment charge related to a lower value for games based on licensed kids’ movies. It also charged off $9.9 million after canceling two free online games in Asia. Excluding one-time charges, THQ had per-share profit of 37 cents. Analysts on average expected profit of 26 cents on revenue of $319 million.

Even so, the company said it beat its own expectations, helped by strong sales of its new uDraw Game Tablet, a $70 accessory for Nintendo’s Wii video game system. The company shipped 1.2 million units in the quarter.

However, THQ reduced future projected earnings. It said it expects to earn an adjusted 5 cents to 14 cents per share in its fourth quarter, and for the full year have a loss of 25 cents to 35 cents per share. Wall Street consensus has been for fourth-quarter net income of 34 cents per share and an annual loss of 14 cents per share. THQ cited an expected a delay in its release of its “UFC Personal Trainer” video game for the more conservative earnings estimate.

Shares fell 12.7 percent in after-market trading on the Nasdaq after earlier closing up 40 cents, or 6.7 percent, to $6.41.