Atari posts losses, letting go of Cryptic

Atari hasn’t been financially strong for a couple of years now, and it seems it is taking a toll on its studios as well. In its latest fiscal year earnings report, the company announced that it is looking to sell Cryptic, the studio behind the superhero MMO Champions Online.

As it stands, the company reported a net loss of $8.8 million, which is, quite honestly, an improvement over its $27.5 million loss in the previous fiscal year. Interestingly, Cryptic alone was responsible for $7.5 million in losses this year.

Cryptic is currently working on a Neverwinter MMO and “Season 4” of Star Trek Online. The studio’s future is currently uncertain.

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