Atari parent Infogrames has halved its annual net losses from €103.1 million in FY2006/2007 to €51.1 million for this fiscal year. The firm has also forecast a return to profitability within 18 months. Operating losses were also cut year-on-year, from €61.8million to €45.5million. Revenues hit €290.7 million a decrease from …
Read More »Apple Europe boss joins Infogrames Board
Infogrames has hired another big-name exec to help see through the ‘Atari transformation’, with former Apple general manager and vice president of EMEA Pascal Cagni becoming an independent director on the firm’s Board. The company, currently in the midst of a transformative revamp around its Atari brand, earlier this year …
Read More »Atari Inc. posts $23.6m FY loss
Atari Inc – the US arm of the Infogrames-owned company – has posted a $23.6 million loss for FY 2007/2008, down from the previous year’s $69.7 million loss. Net revenue stood at $80.1 million versus $122.3 million in the comparable year-earlier period. For its fiscal fourth quarter, which ended March …
Read More »Atari Inc appoints new SVP of Sales
US video games publisher Atari Inc has appointed Tim Flynn as senior VP of sales. The new position is effective immediately, and Flynn will report to CEO and President, Jim Wilson. Flynn has more than 30 years of sales and retail experience in the video game and technology industries with …
Read More »Atari ditching single-player games
President of Atari parent Infogrames Phil Harrison has suggested that Alone In The Dark will be the publisher’s last ever single-player game. Harrison and Infogrames CEO David Gardner have both previously made allusions to a future based on ‘social’ gaming – and of Atari becoming leaders in the online gaming …
Read More »Nasdaq delists Atari
Atari Inc has been delisted from the Nasdaq share rankings in the US. Nasdaq previously told the firm that it had to bring its market value up to $15 million or more for ten consecutive business days before March 20th this year – but the publisher was unable to meet …
Read More »Infogrames recruits new CFO
Infogrames has appointed Fabrice Hamaide as its new chief financial officer. Hamaide’s responsibilies include company finance, investor relations, financial communications, and legal and information technology functions. He will report directly to CEO David Gardner. Hamaide started his career in 1988 as a consultant for Ernst and Young, before working as …
Read More »Infogrames reveals SCi bid
Infogrames believes that the offer has the potential to be significantly value enhancing to both SCi’s and Infogrames shareholders,” says a statement from the company. Infogrames also confirmed that it has sufficient resources to satisfy the cash element” of the offer and has secured commitments in relation to the potential …
Read More »COMPETITION: Win a copy of Namco Museum Remix
Our friends at Atari are at it again, offering five lucky gamers the change to win a copy of Namco Museum Remix on Wii. For a chance to win and play the latest remixed collection of Namco classics, simply answer the following question: Who is the main protagonist of action …
Read More »Infogrames Gardner predicts stable fiscal year
CEO of Atari parent Infogrames David Gardner has said that the company is still on track for a ‘stable’ 2007–2008 FY fiscal performance – and that it doesn’t expect significant losses compared to its previous year. The firm’s Q4 results are due on May 14 th , but have taken …
Read More »