Atari Inc. posts $23.6m FY loss

Atari Inc – the US arm of the Infogrames-owned company – has posted a $23.6 million loss for FY 2007/2008, down from the previous year’s $69.7 million loss.

Net revenue stood at $80.1 million versus $122.3 million in the comparable year-earlier period.

For its fiscal fourth quarter, which ended March 31st 2008, the firm posted a net loss of $3.7 million – a year-on-year improvement over the $61.7 million loss reported in Q4 2006/2007.

Net revenue for the fourth quarter was $15.3 million versus $26.9 million in the comparable year-earlier period.