Wed, May 26, 2010 | 18:46 BST
Atari reports revenue loss of 15% for the year
Atari has released its financial results for the year ending on March 31, and the company has posted revenues of $142.5 million, which is down by over 15 percent from the previous year.
The company also posted a 12-month net loss of $23.9 million with net profits at $4.7 million for the second half the fiscal year.
Sales were down due to the company’ stance on releasing fewer games, but one’s deemed to be more profitable such as sales leaders Backyard Football 2010, Champions Online, Ghostbusters, and Star Trek Online.
Online sales were up 11 percent compared to 2 percent the prior year, due to the aforementioned MMOs.
You can get the full report through Atari’s corporate site, if you are interested.
Thanks, Gamespot.
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Posted in: Atari, Financials, Retail, Trade
Tags: atari full-year financials
6 comments
#1
OlderGamer
26/05/10, 6:48 pm
Tough year for a lot of folks.
#2
Erthazus
26/05/10, 6:49 pm
TDU 2 will save them.
#3
kofoed
26/05/10, 6:49 pm
O_o didn’t Atari closed down like 20 years ago ?
#4
macronia
26/05/10, 8:35 pm
witcher 2 will save them
#5
Gekidami
26/05/10, 8:44 pm
Not if it sells like the first one it wont…
#6
The1stMJC
26/05/10, 8:58 pm
I cannot say I am shocked I haven’t really heard about Atari releasing a game other than Ghostbusters but that was 1yr+ ago.