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Originally posted by Trigger
I don't care if they delay it until 2006 - as long as they don't release buggy crap. True Crime needed 3-6 more months to incubate IMO.

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Atari Delays DRIV3R Release

Atari, Inc. , a leading global publisher and developer of interactive entertainment, today announced that it has elected to move the ship date of DRIV3R, the latest installment of the Company's Driver franchise, from the end of March to June 1, 2004.

"The Driver franchise set the benchmark for the driving adventure genre, as the incredible legacy of Driver and Driver 2 has combined to sell more than 12 million units worldwide, said Bruno Bonnell, Chairman and CEO of Atari, Inc. "We believe that this additional time will give our marketing team the ability to exploit DRIV3R's full potential, meeting the high expectations of gamers, media and shareholders," he continued.

Additionally, based on a preliminary review of results from holiday sales, the Company said it expects net revenues and earnings for the third quarter ended December 31, 2003, to be lower than its initial guidance provided in November 2003. Atari anticipates quarterly net revenue of approximately $190 million and net income between $20.5 million and $22.5 million, or between $0.17 and $0.19 per share. The Company is also revising its full-year fiscal 2004 results, based upon a number of factors, including preliminary holiday sales information and the shift of DRIV3R into the fiscal 2005 first quarter. Accordingly, the Company's fiscal 2004 net revenue guidance has been revised to between $460 million and $470 million, and net income and earnings per share are expected to be breakeven, prior to a $39.4 million one-time non-cash dividend relating to the Company's September 2003 recapitalization and public offering. Including the dividend, the Company's loss per share guidance is approximately ($0.40) on a GAAP basis.

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