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Infogrames profits up

Gamespy reports that Infogrames are doing much better than last year, which bodes well for it's operations down under.

"Infogrames sent out its financial results covering the first quarter of 2003, ended September 30th, earlier this afternoon. The quarter saw Infogrames? revenues, including publishing and distribution, at $109.4 million, a 39 percent increase over the 78.5 million earned last year. Breaking it down, publishing revenue wat at $83.7 million, a 41 percent increase over the $59.3 million last year; while distribution revenue was at $25.7 million, a 34 percent increase over the $19.2 million last year. Furthermore, net profit was at $731,000, a 32 percent increase over last year?s $552,000."