Infogrames grows revenues, maintains losses

By Tom Magrino, GameSpotPosted Nov 17, 2008 5:34 pm PT

Alone in the Dark publisher sees sales grow to $166 million during first half of fiscal year, thanks to 145 percent spike in US operations.

If there were any gaming company being hampered by the global economic crisis, most would assume it to be the long-struggling Infogrames. However, as revealed by the French publisher's recent disclosure for the first half of its fiscal 2009, Infogrames is having at least some success getting its products into consumers' hands.

For the April-September 2008 period, Infogrames reported sales of €131.8 million ($166 million), an increase of 44.5 percent from a year ago. Though sales were up, Infogrames was unable to fully escape the red, given that it reported trimmed operating losses of €86 million ($109 million). Net loss for the publisher grew to €50.6 million ($63.8 million), due to increased expenditures on R&D as well as marketing. However, Infogrames said that it expects to break its prolonged stint in the red by the second half of its upcoming fiscal year.

Infogrames' now fully owned US subsidiary Atari accounted for the publisher's biggest gains, with sales in the region spiking 145 percent to €21.5 million ($27.1 million) on the strength of Alone of the Dark, Dragon Ball Z: Burst Limit, and Backyard Baseball. Europe and Asia accounted for 72 percent of the publisher's total fiscal performance during the period, with Infogrames saying that revenues from the regions were up 25 percent, or €19.1 million ($24.1 million), from a year ago.

9 Comments

  • Media_Mind

    Posted Nov 19, 2008 6:36 pm PT

    PS3 Alone in the Dark : Inferno hopefully is better

  • shadowblade99

    Posted Nov 18, 2008 1:34 pm PT

    I shutter at the thought of another Alone in the Dark re-boot.

  • gobbo00

    Posted Nov 18, 2008 10:49 am PT

    Well all I can say is I hope they go under Alone in ther Dark was awful, DBZ games are just sub-standard beat-em up's. And living in the uk I have never heard of backyard baseball. But I presume it to be another game like Fifa street, in otherwords gimicky rubbish. Test drive on the 360 was ok, but the car & bike handling was out of the dark ages. And there were lots of clipping issues in the game.

    In short infrograms is all talk and no substance.

  • DataDream

    Posted Nov 18, 2008 9:04 am PT

    Yeah I hope they pull out of their funk - at least it's good to see them improving.

    And I agree with Desperados11 - it would be nice to see them surprise us with some great new IP. They have skilled people, now just need a new T or M rated IP to show those skills off.

  • Wow100

    Posted Nov 18, 2008 3:28 am PT

    i miss test drive off road D:

  • Tsuchikage

    Posted Nov 17, 2008 8:17 pm PT

    Wait, what is "Alone of the Dark?"

  • Desperados11

    Posted Nov 17, 2008 7:47 pm PT

    too bad infogrames is doing games like Dragon Ball Z: Burst Limit, and Backyard Baseball.
    hope they can get out of it but they should come out with something that's bound to capture more ppl than fans of a series or casuals u cant count on for sales

  • I_Helios_I

    Posted Nov 17, 2008 7:47 pm PT

    If well could be considered losing $109 million, then their doing fantastic!

  • Pete5506

    Posted Nov 17, 2008 7:33 pm PT

    Its good to see that they are doing well

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