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Atari, Inc. Reports Fiscal 2008 Fourth Quarter and Year-End Results

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NEW YORK, June 13 /PRNewswire-FirstCall/ — Atari, Inc. (OTC Pink Sheets: ATAR), an interactive entertainment company, announced today results for its fourth quarter of fiscal 2008 and its March 31, 2008 year-end.

Net revenue for the fourth quarter ended March 31, 2008, was $15.3 million versus $26.9 million in the comparable year-earlier period. Publishing net revenue was $13.5 million, versus $25.8 million in the prior year, while distribution revenue was $1.8 million, versus $1.1 million in the comparable year-earlier period.

Net loss for the fourth quarter ended March 31, 2008 was $3.7 million, or $0.27 loss per share, compared to net loss of $61.7 million, or $4.58 loss per share, in the year-earlier period. Without restructuring charges, the net loss for the fourth quarter ended March 31, 2008 would have been a loss of $1.8 million or $0.13 loss per share.

Net revenue for the year-ended March 31, 2008, was $80.1 million versus $122.3 million in the comparable year-earlier period. Publishing net revenue was $69.8 million, versus $104.7 million in the prior year, while distribution revenue was $10.3 million, versus $17.6 million in the comparable year-earlier period.
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GAMES’s 100 greatest titles of all time: As voted on by customers

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1 Call of Duty 4 (Multiformat)
2 Zelda Ocarina of Time (N64)
3 Final Fantasy VII (PSone)
4 Grand Theft Auto IV (Multiformat)
5 Super Mario 64 (N64)
6 007 Goldeneye (N64)
7 Halo 3 (Xbox 360)
8 Metal Gear Solid (PSone)
9 Half Life 2 (Multiformat)
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Shaun White Snowboarding Interview

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Crispy Gamer: Obviously, given the name, Snowboarding is a snowboarding game. But is it more of a snowboard racing game, a snowboard tricks game, a snowboard sim, a snowboard arcade …
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New Alone in the Dark Screens
18 years ago

New Alone in the Dark Screens

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We have a couple new Alone in the Dark screens that show off some of the items in your character’s inventory.  Be sure to check out Alone in the …
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The Big Five!!!
18 years ago

The Big Five!!!

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Nintendo Wii

North America: 1. Wii Fit (Nintendo) 2. Super Smash Bros. Brawl (Nintendo) 3. Mario Kart Wii (Nintendo) 4. Guitar Hero III: Legends of Rock Bundle …
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Wario Land: The Shake Dimension Details

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  • when Wario is near an exclamation mark, shake the controller to send him into a tizzy
  • when Wario is infuriated after a good shake, his surroundings will crumble to reveal new …
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Gearbox’s Pitchford: Wii ‘Risk’ Paid Off, Gamecube Success Underrated

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“I don’t agree that [Nintendo] were on a downward trend, but I do agree that they wanted to reach more customers than they were reaching.

Depending on how you look …
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Street Fighter IV Inspired By New Super Mario Bros.

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“When we heard during development that Shigeru Miyamoto was making a new DS version of Super Mario Bros., we were really happy that our vision [for Street Fighter IV] and …
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Rumor: Mega Man 9 Coming!!
18 years ago

Rumor: Mega Man 9 Coming!!

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Mega Man 9 crazy! I remember playing some of the first Mega Mans. Does that make me old?

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X-Play: top 8 of 2008

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8. Grand Theft Audo IV (360, PS3) 7. God of War: Chains of Olympus (PSP) 6. No More Heroes (Wii) 5. Super Smash Bros. Brawl (Wii) 4. The World Ends …
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IGNITION ENTERTAINMENT AND SUCCESS REUNITE TO BRING TORNADO TO NINTENDO DS

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June 13, 2008 – Glendale, Calif. – Ignition Entertainment, a UTV Enterprise and worldwide publisher and developer of videogames, announced today that they have partnered with developer Success to bring Tornado to North America, exclusively for Nintendo DS™.

Tornado lets players join forces with Toki and the other members of the Cosmic Cleaners as they set out to restore all of Earth’s buildings, vehicles, inhabitants and other obscure objects that have been stolen by the envious Prince using his mischievous “Black Hole Device.” Using a combination of stylus and microphone activated controls, players will travel across Planet 69 as they level up and max out their “Tornado Machines” to literally uproot everything in their paths in effort to take back what Prince has wrongfully stolen and return it to Earth.
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