When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works.

Atari reports financials, will announce Matrix sequel "soon"

As sales and profits fall year after year, CEO Bruno Bonnell talks up Driver 3 and unannounced D&D games; also talks down the loss of the Unreal franchise.

Today, Atari reported that sales in the first quarter of its fiscal year 2005 dropped compared to last year, down $41.1 million to $110.3 million. While the company still showed profits for the three-month period ending June 30, net income also dropped, falling from $23.8 million last year to $12.1 million this year. Addressing the falling figures this year, Atari said that its first quarter lineup faced a tough comparison to last year, when it released the successful Enter the Matrix for all three consoles and the PC.

Speaking to analysts in a conference call after the earnings announcement, Atari CEO Bruno Bonnell tried to look on the bright side. He listed Transformers, Shadow Ops: Red Mercury, Duel Masters: Sempai Legends, and Driver 3 as the company's best-selling titles for the quarter. In particular, he pointed out that 50 percent of Driver 3 units shipped had sold, and the game was the number two best-selling PS2 title and number five Xbox title in the US in June.

News source: GameSpot

Report a problem with article
Next Article

Pacific Assault demo delayed

Previous Article

PDA Viruses Could Get Nasty

Join the conversation!

Login or Sign Up to read and post a comment.

-1 Comments - Add comment