Atari announced that revenues were down 65 percent to €19.3 million ($25M) in the first quarter of its fiscal year ending June 30, 2010. The company didn't reveal any profit or loss data, but given its loss during the previous fiscal year, it's pretty safe to guess that Atari isn't doing so hot. Last year's Q1 included Ghostbusters and The Chronicles of Riddick: Assault on Dark Athena, while this year had, according to the company, "only one major game" ... Sandlot Sluggers.
A small piece of "good news" during the quarter, which also included another major executive shuffle at the publisher, was that online revenues were up 320 percent to €8.4 million ($10.9M). The much-needed money injection was thanks to digital distribution sales and subscriptions for Star Trek Online and Champions Online.
Some of the hopes Atari has for the rest of the year include the reboot of Haunted House in September, The Witcher 2 next spring and "numerous casual and social online game releases based upon Atari's classic video game brands."
Reader Comments (5)
Posted: Jul 26th 2010 7:33PM shadowj0 said
Hooray?
Posted: Jul 26th 2010 7:56PM logicplay said
im getting paid less where im working at. I hope i can pay the water bill this month....anybody care? anyone at all?...awwww :(
Posted: Jul 26th 2010 9:03PM Courtney said
I feel a little bit bad now about not buying Ghostbusters or Riddick, traded for them on Goozex instead. I enjoyed them quite a bit, but just hadn't been sold on buying either.
Posted: Jul 26th 2010 9:36PM The Cynical Gamer said
I am so glad I left Cryptic Studios back in December. I knew it was bad news when Atari bought us out...
Posted: Jul 27th 2010 4:01PM Dante G said
I had a blast with ghostbusters. I know it probably won't happen, but I hope they make a sequel.
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