Atari's Quarterly Financial Report Depressing
by Rainier on Nov. 7, 2007 @ 4:37 a.m. PST | Filed under News
Atari has finally submitted its delayed quarterly financial report for the first quarter ended June 30, 2007, and it's not looking good. Net revenue is down from last year's $19.5 million to $10.4M, while net loss was $11.9M compared to $7.3M during the same period last year. Atari stated that it has "substantial doubt about ability to continue as a going concern."