Atari fiscal Q3 results indicate revival for embattled publisher
Atari may not have published a ton of games in 2009, but that doesn't mean the company hasn't been picking up the bottom line. In a press release that reads like the exact opposite of those we saw from the company just a few years ago, CEO Jeff Lapin celebrates the €92.5 million ($126.25 million) in revenue earned in the nine months ending December 31, saying "the company has now strengthened its equity and is in a position to work on an expanded publishing plan." In so many words, Lapin's suggesting that Atari is financially bouncing back and maybe even gearing up to (dare we say it?) make more games.
The company cites sales of Ghostbusters, Chronicles of Riddick, Backyard Football, and Champions Online for bolstering revenues in fiscal Q3 and looks forward to a better 2010. The recent release of Star Trek Online certainly doesn't seem to be hurting his confidence in that department. Lapin says that he's "very enthusiastic about the launch" of the "promising MMO game."
But things aren't all gumdrops and money hats -- the Q3 revenues were still down by 1.9% year-over-year. We won't find out the full year's earnings until late May, but for now we'll comfort ourselves with the knowledge that the publisher's next title, Project Runway, is coming in a few short weeks. Finally!
Source (PDF) - Atari announces 9-month revenues for FY 2009/2010; [via Big Download]
