Infogrames Sales Down, Portable Titles More Buoyant

Iria · Aug 10, 2006, 04:35 PM

Source: GamaSutra
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European game publisher Infogrames, which is in the midst of financial restructuring and owns the Atari subsidiary in the U.S., posted its first quarter revenue including a disappointing 20 percent decline in quarterly sales, due primarily to fewer high profile video game releases.

The firm commented that sales are traditionally lower during this period, and that the company's performance reflects its ongoing efforts to “pare down its catalog, as well as the absence of major releases during the quarter.”

Aug 10, 2006, 04:35 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 74	Infogrames Sales Down, Portable Titles More Buoyant Source: GamaSutra ________ European game publisher Infogrames, which is in the midst of financial restructuring and owns the Atari subsidiary in the U.S., posted its first quarter revenue including a disappointing 20 percent decline in quarterly sales, due primarily to fewer high profile video game releases. The firm commented that sales are traditionally lower during this period, and that the company's performance reflects its ongoing efforts to “pare down its catalog, as well as the absence of major releases during the quarter.”