Atari S.A.

Atari S.A. is a multi-platform interactive entertainment and licensing company operating worldwide. It offers video games, hardware, and consumer products, and monetizes video games through multiple channels, multimedia production, and licensing. Its activities include the Atari videogame computer system and Atari Blockchain, which develops and markets non-fungible tokens (NFTs) and builds an ecosystem around the Atari Token. The company manages a portfolio of approximately 200 games and franchises, including Breakout, Asteroids, Centipede, Missile Command, Pong, and RollerCoaster Tycoon. Formerly known as Infogrames Entertainment SA, it changed its name to Atari SA in May 2009, was founded in 1972, and is based in Paris, France.

ALATA.PA▲

Atari returns to profit with highest revenue in over a decade

Video game developer Atari reported annual revenue of €56 million, its highest in more than a decade, pulling the Paris-based company back into profit. The result was driven by a strategy of reviving old franchises and acquiring studios, including raising its stake in Swedish publisher Thunderful to 97%, buying Hipster Whale for $29.3 million, and picking up IP rights to five Ubisoft titles. Games revenue rose 67.7% to €46.1 million, while hardware revenue jumped 83% to €7.3 million. Current operating income turned positive at €0.9 million, versus a €0.8 million loss a year ago, and net income excluding Thunderful was €0.1 million compared with a €12.6 million loss last year.

ALATA.PA ▲

Reuters·47dRead more →