Atari manages stable results

Atari says it has steadied its rocky financial performances with a very slight year-on-year sales decline of 1.2% for the nine months ended December 31.

The firm was helped by a strong performance in the U.S, which offset declines in Europe. European operations were down by 52.5% to €13.8 million over the period.

Overall revenues for the Lyons-based outfit came in at €92.5 million. U.S operational revenues grew by 22%.

CEO Jeff Lapin said, "9-month revenues were stable versus last year with a higher share of high margin sales. Also, with the additional cash raised recently, the company has now strengthened its equity and is in a position to work on an expanded publishing plan. In early February, Atari launched Star Trek Online, supported by a strong marketing plan. This is a promising MMO game, and I am very enthusiastic about the launch."

Atari also announced that Phil Veneziano has been appointed Chief Financial Officer. He’ll be based in the U.S and will replace Fabrice Hamaide who, the company says, "is leaving his functions in light of the shift of business operations to the US and the completion of the restructuring".

Atari said its major releases for the period had been Ghostbusters: The Video Game, The Chronicles of Riddick: Assault on Dark Athena, Backyard Football and Champions Online.