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If you enjoy reading this site, you might also want to check out these Think Services sites:
 Game Career Guide (for student game developers.)
 Indie Games (for independent game players/developers.)
 Finger Gaming (news, reviews, and analysis on iPhone and iPod Touch games.)
 GamerBytes (for the latest console digital download news.)
 Worlds In Motion (discussing the business of online worlds.)
 Game Set Watch (the Group's alt.game weblog.) |
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Atari Shows Year End Losses Of $23.6 Million
by Brandon Boyer
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June 13, 2008
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Publisher Atari has announced its fourth quarter and year end results, showing Q4 sales down to $15.3 million and losses at $3.7 million, down from $61.7 million the year prior, as the company ends its financial year with losses of $23.6 million.
Q4 sales were down from $26.9 the year prior. Revenue from publishing was $13.5 million, down from $25.8 million the year prior. Distribution revenue was up slightly to $1.8 million from $1.1 million the year prior.
Sales for its full year were down to $80.1 million versus $122.3 million the year prior. Publishing revenue was down to $69.8 million, versus $104.7 million the prior year, and revenue from its distribution business was down to $10.3 million from $17.6 million.
The company offered no further details on its financial report, and declined to hold a conference call to discuss the results, but said statements and footnotes would be posted on its Form 10-K, which as of press time was not yet available.
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