Atari Predicts Weak Second Quarter Results

Atari officials have indicated that the company expects weaker second quarter results than at the same time last year due to a slower release schedule. Full year profits for the company though are predicted to be almost twice last year’s results. Full year profits are expected to be between $35 million and $45 million, with revenues in the range of $560 to $590 million – up 5 to 10% from last year.