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Industry: Email Alert RSS FeedAtari up as Matrix awaits. (Earnings).(Atari reports a 68% increase in revenue in the fiscal first quarter)(Brief Article)
Video Business, July, 2003 by Frankel, Daniel
* With the phenomenal performance of Enter the Matrix yet to kick in, videogame publisher Atari reduced its red ink in its fiscal first quarter and boosted revenue 68% to $84.7 million. Atari, formerly known as Infogrames, lost $12.7 million in the period ended March 31, compared to $22.9 million in the comparable 2002 frame.
The results don't take into account Enter the Matrix, which shipped 4 million units and sold I million copies in its first week of release in May.
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