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Atari, Inc. Reports Fiscal 2009 First Quarter Results

Tags: Atari (EPA:ATA)

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Press release

NEW YORK, Aug 13, 2008: FirstCall via COMTEX News Network/ - Atari, Inc. (OTC Pink Sheets: ATAR), an interactive entertainment company, announced today results for its first quarter of fiscal 2009 and has filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2008.

Net revenue for the quarter ended June 30, 2008, was $40.3 million versus $10.4 million in the comparable year-earlier period. Publishing net revenue was $36.7 million, versus $9.7 million in the prior year period, while distribution revenue was $3.6 million, versus $0.7 million in the comparable year-earlier period.

Net income for the first quarter ended June 30, 2008 was $3.5 million, or $0.26 income per share, compared to net loss of $11.9 million, or $0.89 loss per share, in the year-earlier period.

Atari will not be holding a conference call for the first quarter ended June 30, 2008. Financial statements and accompanying footnotes are contained in the Quarterly Report on Form 10-Q and can be obtained on-line at http://www.atari.com.