Infogrames Results

Infogrames GT acquisition is hurting it bottom line. Though the takeover of GT Interactive is allow Infogrames to report a 70 percent increase in revenues for the financial year ended June 30, $30.1 million in North American losses for the period easily wipe out net income of $9.3 million the company managed in Europe. All together, Infogrames is reporting a net loss of 26.4 million on revenues of $498.4 million for the fiscal year.