You will be redirected back to your article in seconds

Atari revs down 12%

Biz Brief

With sales for “Enter the Matrix” petering out and no other hit to take its place, vidgame publisher Atari saw net revenue fall 12% in the fiscal year ended in March to $468.9 million.

Net income was virtually zero excluding a shareholder dividend compared with $38.6 million in net income in fiscal 2003.

Fourth quarter performance was also down, with a 21% decline in net revenue to $66.4 million and a 36% increase in net loss to $17.3 million.

Atari stock closed down 2.6% at $3 before it reported earnings Thursday.

More Digital

  • 'Star Wars: Battlefront II' Controversy Signals

    'Star Wars' Video Game Microtransactions Ignite Controversy

    With sales for “Enter the Matrix” petering out and no other hit to take its place, vidgame publisher Atari saw net revenue fall 12% in the fiscal year ended in March to $468.9 million. Net income was virtually zero excluding a shareholder dividend compared with $38.6 million in net income in fiscal 2003. Fourth quarter […]

  • trt world

    How Turkey’s TRT World Wants to Win Over U.S. Online Video Viewers (EXCLUSIVE)

    With sales for “Enter the Matrix” petering out and no other hit to take its place, vidgame publisher Atari saw net revenue fall 12% in the fiscal year ended in March to $468.9 million. Net income was virtually zero excluding a shareholder dividend compared with $38.6 million in net income in fiscal 2003. Fourth quarter […]

  • CaptainSparkelz - Pocket.watch

    YouTube Creators CaptainSparklez, EvanTube Sign With Kid-Media Startup Pocket.watch

    With sales for “Enter the Matrix” petering out and no other hit to take its place, vidgame publisher Atari saw net revenue fall 12% in the fiscal year ended in March to $468.9 million. Net income was virtually zero excluding a shareholder dividend compared with $38.6 million in net income in fiscal 2003. Fourth quarter […]

  • Peter Thiel

    Billionaire Peter Thiel Sells Majority of Facebook Stake, Pocketing $29 Million

    With sales for “Enter the Matrix” petering out and no other hit to take its place, vidgame publisher Atari saw net revenue fall 12% in the fiscal year ended in March to $468.9 million. Net income was virtually zero excluding a shareholder dividend compared with $38.6 million in net income in fiscal 2003. Fourth quarter […]

  • Facebook

    Unsure if You Fell For Russia's Fake News? Facebook Will Tell You Soon

    With sales for “Enter the Matrix” petering out and no other hit to take its place, vidgame publisher Atari saw net revenue fall 12% in the fiscal year ended in March to $468.9 million. Net income was virtually zero excluding a shareholder dividend compared with $38.6 million in net income in fiscal 2003. Fourth quarter […]

  • New Media old media shakeup

    Murdoch Sale Talks Underscore Digital's Effect in Disrupting Hollywood

    With sales for “Enter the Matrix” petering out and no other hit to take its place, vidgame publisher Atari saw net revenue fall 12% in the fiscal year ended in March to $468.9 million. Net income was virtually zero excluding a shareholder dividend compared with $38.6 million in net income in fiscal 2003. Fourth quarter […]

  • Mosaic app

    Steven Soderbergh's 'Mosaic' App Is Now Available on Android

    With sales for “Enter the Matrix” petering out and no other hit to take its place, vidgame publisher Atari saw net revenue fall 12% in the fiscal year ended in March to $468.9 million. Net income was virtually zero excluding a shareholder dividend compared with $38.6 million in net income in fiscal 2003. Fourth quarter […]

More From Our Brands

Access exclusive content