News > Atari Expects $71.3 Million In Loses
July 3, 2007
Atari plans to report a wider-than-expected loss for the fiscal year ending March 31st, 2007.
This report has been delayed to finalize the goodwill impairment charge for the fourth quarter of the year, brought on by a drop in its market capitalization. With that number resting at $54.1 million, the total losses for the year rise from $17.2 million up t the $71.3 million mark.
Last year, Atari reported losses of $69 million.
*Eddie R Inzauto - Senior Editor, GameWad.com
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