Disastrous first quarter sees Atari facing financial trouble

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Disastrous first quarter sees Atari facing financial trouble

Publisher Atari has recorded a loss of $32.8 million in the quarter ended June 30th, with year on year revenues tumbling as the firm failed to find a blockbuster to match the performance of Driv3r in the same period last year.

With little more than catalogue sales to support its revenue figure, Atari saw turnover of just $24.2 million – down 77 per cent on last year’s figures – of which nearly 90 per cent came from catalogue products.

Read the complete story. (gamesindustry.biz)