Feeds

Infogrames losses shrink

US operation's profits counter dreary European results

  • alert
  • submit to reddit

Providing a secure and efficient Helpdesk

French publishing behemoth Infogrames has issued a statement today claiming that its losses are down for the last six months ending 31 December because the US side of its operation has moved into profitability.

The company's acquisitions in the US have included Hasbro Inc.'s interactive games unit for $100 million in January this year, and GT Interactive (which it folded into its own Infogrames Inc. business) in December of 1999 for $135 million.

Infogrames Inc. reported a profit of $16.5 million in the last quarter, compared with Infogrames Entertainment's losses of 22.2 million euros.

In a prepared statement, the company told said that "these good results are due to the successful integration of GTIS within Infogrames and, more specifically, to a renewed US management team, the restructuring of operations and the implementation of a focused strategy in the US". ®

Copyright © 2001 Eurogamer.net, all rights reserved.

Providing a secure and efficient Helpdesk

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.