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Atari revenues drop from 577 mil to 391

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Atari revenues drop from 577 mil to 391

Company News - posted by Vault Dweller on Sat 6 May 2006, 18:19:41

Tags: Atari

Here is the fiscal report for the investors or train wreck watchers:

Infogrames Entertainment reported a 3.5-percent decline in sales ("revenue from ordinary business") for the fourth quarter of fiscal 2005-2006, to € 94.7 million from € 98.0 million the same period a year ago.

The European and Asian subsidiaries reported a 10% increase in sales compared with one year ago, and accounted for 58% of Infogrames Entertainment's revenue. Fourth-quarter sales by the US subsidiaries (Atari Inc and Atari Interactive), fell 17% from a year earlier, accounting for 42% of consolidated revenue.

Business during the fiscal year (April 2005 to March 2006):

Revenue from ordinary business for the year ended March 31, 2006 totaled € 391.2 million (current exchange rate), compared with € 577.2 million a year ago. European and Asian operations generated 58% of that total.
...
Outlook

The company will showcase major titles from its 2006-2007 catalog at the E3 video game trade show in Los Angeles on May 10-12, 2006. Much-anticipated next-generation games scheduled for release during the year include:

- Arthur and the Minimoys (Playstation 2, PSP, PC, GBA, Nintendo DS): The interactive adaptation of the Luc Besson story, already a popular success, will be the must-have title. The game is scheduled for release at the same time as the movie, in late 2006, accompanied by an international promotional campaign.

- Alone in the Dark (Xbox 360, PC): the original "survival horror" franchise returns for PC and next-generation consoles.

- Test Drive Unlimited (Xbox 360, PC, PS2, PSP): the very first massively multiplayer online racing game is seen as the future game of reference in its genre for next-generation systems.

- Neverwinter Nights 2 (PC): the sequel to the popular role-playing game (RPG) franchise has sold more than two million copies worldwide, and boasts one of the largest and most active fan bases for role-playing games.

- Dungeons & Dragons: Tactics (PSP): the first Dungeons & Dragons game for PSP marks the D&D(R) franchise's big debut for next-generation portable systems.
Wow! A "must-have" title, the return of a franchise, and a MMO racing game? We demand to know who's the genius behind this masterplan!

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