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Atari Publishes Q3 Results

Discussion in 'Game/SP News & Comments' started by chevalier, Feb 10, 2005.

  1. chevalier

    chevalier Knight of Everfull Chalice ★ SPS Account Holder Veteran

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    Atari has published the fiscal 2005 Third Quarter and nine month financial results. Here's are the figures:

    Net revenue for the nine-month period ended December 31, 2004, was $343.4 million versus $402.5 million in the comparable year-earlier period. Publishing net revenue was $301.0 million versus $355.0 million in the prior nine-month period, while distribution revenue was $42.4 million versus $47.5 million in the comparable year-earlier period. Net income for the nine-month period was $14.8 million, or $0.12 per share, compared to $18.1 million, or $0.20 per share, in the year-earlier period, before a $39.4 million, or $0.44 per share, one-time non-cash dividend relating to the Company's September 2003 recapitalization and public offering. Including the $39.4 million dividend, loss attributable to common shareholders for the nine-months ended December 31, 2003, was $21.3 million, or a loss of $0.24 per share.

    And here are the figures from the Europe-based Infogrames, their mother company:

    PARIS, Feb 10 (Reuters) - Europe's top video game maker Infogrames (IFOE.PA: Quote, Profile, Research) said on Thursday it posted a third-quarter net profit of 22.5 million euros, and confirmed a forecast for full year 2004/05 operating profit of 20-30 million euros.
    Infogrames also said in a statement that operating profit reached 25.8 million euros on sales of 234.2 million euros in the three months to December 31.

    As of December 31, net debt stood at 250 million euros.


    Read the rest about Atari at Yahoo and about Infogrames at Reuters.
     
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