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Atari Ailing

sjohnson
11 Comments

Posted November 7, 2007 - By Stephen Johnson

Seminal game company Atari seems to be having deep, deep troubles.

The maker of the 2600 filed its delayed Quarter One financial report yesterday, posting a loss of 11.9 million bucks or 0.89 per share. In its quarterly report, Atari stated that it had "substantial doubt about our ability to continue as a going concern."

The company had previously sold its Driver and Stuntman francises, and has recently been ordered to terminate its Dragon Ball Z license.

TheFeed hopes they will pull a Lazarus and rise from the near-dead to take over the world. We love some Atari.

GamesIndustry.biz: Atari reports 11.9 million Q1 loss

Tags: Videogames
Atari Ailing
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