Atari holiday revenues halved

Publisher posts financial results for October through December, fails to string two profitable quarters together.

In November, Atari announced a quarterly profit for the first time in years, a positive sign that the publisher's plan to reverse its ill fortunes by selling off studios and popular series was starting to bear fruit. However, the company experienced a bit of a backslide over the holidays.

Today Atari released its financial results for the last three months of 2006, which saw the company release Neverwinter Nights 2 on the PC and Dragon Ball Z: Budokai Tenkaichi 2 for the PlayStation 2. Once again, the publisher finds itself in the red--but not by much. Atari posted a net loss of $700,000 for the quarter, a significant improvement over the $4.8 million it lost in the same quarter the year before. Revenues were also down for Atari, as the publisher pulled in $47.3 million for the holiday quarter, down from $100 million the year before.

Atari also spelled out its release list for the current quarter. Before the end of March, the publisher expects to release Bullet Witch on the Xbox 360, Dragon Ball Z: Shin Budokai 2 for the PlayStation Portable, and Test Drive Unlimited for the PC and PlayStation 2, among others.

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49 comments
samad5
samad5

sheep_go_meep ''Atari should come back and make its own video gaming system, like the old atari machines, except with hardware rivaling the Wii's. I, personally, would buy one if it were good. sheep_go_meep Atari should come back and make its own video gaming system, like the old atari machines, except with hardware rivaling the Wii's. I, personally, would buy one if it were good.'' Atari have never succeeded in the console/computer market and probably never will if it release a new machine. The costs invovled will cripple the company I'm afraid. On well I still fondly remember the old Amiga vs Atari days.

samad5
samad5

Such as shame that one of the main early pioneers in the gaming industry should struggle so much. With the PS2's popularity you would have thought that things would have turned around but it seems to be going downhill for them unlike the likes of Capcom, Namco, Konami etc. Perhaps they should consider a merger with a bigger publisher i.e. Sega.

cjcr_alexandru
cjcr_alexandru

NWN2 was quite good. Too bad it didn't helped...

overcode
overcode

It's time that these big game companies took a look at Independent Game Developers... there's a little more innovation there. Give up on the big studios Atari and try out the smaller, creative companies. Big studios just pump out the same crap year after year anyway.

anarchicgoth
anarchicgoth

well duh- they keep making crap games beside BW on 360 but why bother putting TD : U on the PC and PS2? PC i understand but PS2, really?

Jebril
Jebril

You shouldn't have wrote "-source: wikipedia"

pencilpusher69
pencilpusher69

coltonnaslund "Atari was pimp back in the day" NOT the same Atari. This company bought the rights to the name, and that's all. "Atari is a corporate and brand name owned by several entities since 1972." "The company that currently bears the Atari name was founded in 1993 under the name GT Interactive. GT Interactive was acquired by IESA in 1999,[1] and renamed Infogrames, Inc.[2] Infogrames acquired the Atari brand name from its purchase of Hasbro Interactive,[3] which in turn had acquired it from JTS Corporation[4], which the original Atari had merged with in 1996.[5] Infogrames, Inc. intermittently used the Atari name as a brand name for selected titles before IESA officially changed the U.S. subsidiary's name to Atari, Inc. in 2003" -source, Wikipedia.

Oblivion_Awaits
Oblivion_Awaits

Maybe DBZ: Budokai 4 or the localization of YYH: Forever and Battle of YYH 120% could turn a quick buck. Wink, wink...

comthitnuong
comthitnuong

its good that they are getting out of their bad situation...I hope the situation improves

nynthninja
nynthninja

Atari will make some money when BulletWitch is released

dragonsama
dragonsama

the Dragon Ball Z fighting games have all been utter trash. the only way there wil ever be a good DBZ fighting game is if SNK or Capcom got to make it.

ebonyflame
ebonyflame

Out of all the games listed in this article as being future releases for this quarter, in my opinion only Test Drive Unlimited has any real chance of making any money. Maybe they should focus on bringing that game to multiple consoles to maximize their potential profit because the PS3 will effectively be killing most titles released for the PS2 because of name recognition alone. People who own PS3's will probably skip altogether or wait until a PS3 version is relesed.

Saphire_Kitsune
Saphire_Kitsune

I wonder how much longer Atari will last in the modern gaming world...

orinb
orinb

[This message was deleted at the request of the original poster]

zintarr
zintarr

"The american companies are all at a loss compared to the japanese companies for some reason, even though they have the home turf advantage" Atari is actually Infogrames which uses the Atari name. Infogrames is a French company so blame France :)

mismajor99
mismajor99

It's a real shame though because Neverwinter Nights 2 is a great game now that it's patched. If they just waited a bit to finish the game, it would have easily scored a AAA and sales would have been much better. You would think Publishers would realize this by now. But, that's just one of the follies for Atari. Why they dropped Unreal Tournament is beyond me, possibly they lost in a bid war with Midway, who knows...

FiZiKz19
FiZiKz19

DBZ:Sagas SUX on XBOX i want to c DBZ on 360 as well as ps3!!!! just think the Effects if done right!!! the the power of these two next gen systems!!!

SephirothSyZtem
SephirothSyZtem

well atari.......can you make somthing good besides DBZ games??? not even make....just snag a few decent games and bring them state side.

FiZiKz19
FiZiKz19

share those Games Atari make them all Multiplatform!!!!!!!

vanhalendlrband
vanhalendlrband

First of all what the hell is Bullet Witch? Test Drive games have sucked since the very first once i don't know why people keep playing such garbage. Atari's gotta make better games than those.

vanhalendlrband
vanhalendlrband

First of all what the hell is Bullet Witch? Test Drive games have sucked since the very first once i don't know why people keep playing such garbage. Atari's gotta make better games than those.

umbracascade
umbracascade

The american companies are all at a loss compared to the japanese companies for some reason, even though they have the home turf advantage

zintarr
zintarr

Atari is doomed, doomED, doOMED and DOOMED :)

Doolum
Doolum

i hope the best for Atari

sheep_go_meep
sheep_go_meep

Atari should come back and make its own video gaming system, like the old atari machines, except with hardware rivaling the Wii's. I, personally, would buy one if it were good.

thebrazenone
thebrazenone

if it's not the stock price under $1, if it's not the reverse stock split to mask the worthless stock and avoid being delisted, if it's not the quarterly net losses . . . good grief. atari is a sad, sad publisher. and a special note to infogrames - the atari name stopped being relevant about the same time as the ford pinto. i'm not even kidding.

RaiKageRyu
RaiKageRyu

Ah.. the sound of a legendary company falling to its knees.

Jshaw71
Jshaw71

better, but needs more, i would like to see some of the old atari games remade like midway has been doing lately, maybe a roadblasters update, a 720 update for the portable machines, and maybe home machines too, just my thoughts on the topic

PostedOval
PostedOval

Test Drive: Unlimited on the X360 was decent, but not mind blowing and got old quickly. There needed to be more to do on that island (ala GTA). Instead you just drove around and around... Was pretty tho

nataku13
nataku13

thats what happens when you buy the atari name infogrames

uberjannie
uberjannie

They didnt want to release the Unreal Tournament anymore.. God knows why.

TryMe01
TryMe01

not good, not good at all, bad

TintedChimes
TintedChimes

They need to lure top talent to their company and allow for better games. Yeah, DBZ was fun for a while but they've been milking it for years. Its time to do something else. Their racing games are mediocre, basically the entire company is mediocre when it comes to games. Focus on one or two franchises and make them perfect. Then broaden out after they've established themselves, AGAIN.

PackersRock
PackersRock

What they need to do is release another Matrix game, just to seal the coffin a little more : ) Seriously I can't think of the last Atari game I got excited about.

ckmlb
ckmlb

Can they honestly milk DBZ any more than they are? The make a new DBZ game every few months... DBZ MMORPG????

PackersRock
PackersRock

Wow, it's sad to see a company that helped invent the industry struggling like this, but if they can't put out enough games that are good, I guess they sort of deserve it.

puppiemaster
puppiemaster

Loved Atari in the 70's and early 80's, pity its not the same company now. Will have to get my Lynx and jaguar out of the attic though and have another look

SearchBomber
SearchBomber

It's time for them to step up their milking of the DBZ franchise.

Cobhamar
Cobhamar

Driver 3? nough said. they need to make much better games.

Ohidjwae
Ohidjwae

If Artari would release some good games, it could pull in a profit, I imagine. Bullet Witch MIGHT be good, but I'm skeptical.

Nintendo_Man
Nintendo_Man moderator

It is too bad they are doing so poorly but the games due out in the next quarter won't help at all.