Atari revenue shoots up in online, but year-on-year profit falls

It’s been a so-so year for publisher Atari; their profits fell year-on-year from €92.5m (£77.7m) to €41m (£34.4m), which is a 55.7 percent dip on the nine months ending December 31st.

However things are looking up for the online portion of the business as it grew 493.5 percent during the fiscal period. Specifically €18.4m (£15.4m) was made in this area, towering about the previous year’s €3.1m (£2.6m). Star Trek Online and Champions Online are to thank for the great success in this department.

Atari CEO Jim Wilson commented: “Our nine-month revenues are in line with our outlook and show a continued shift toward fewer but more profitable retail releases and the growing online games market. We launched Champions Online in the free-to-play model in January 2011, and the initial results have been promising. We have also released Test Drive Unlimited 2 in line with our forecasts and to positive ratings in the US and Europe.”

He concluded: “Over the next few months, we look forward to new game releases based upon our classic Atari game franchises as well as Ghostbusters, Dungeons and Dragons and The Witcher.”