back to top
HomeMarketGME Earnings: GameStop swings to revenue in Q2; gross sales down 31%...

GME Earnings: GameStop swings to revenue in Q2; gross sales down 31% | AlphaStreet

-

GameStop Corp. (NYSE: GME) has reported a revenue for the second quarter of 2024 in comparison with a loss final yr. The online game firm’s gross sales declined 31% in Q2.

GameStop reported web earnings of $14.8 million or $0.04 per share for the July quarter, in comparison with a lack of $2.8 million or $0.01 per share in the identical interval final yr. On an adjusted foundation, earnings per share was $0.01 in Q2, in comparison with a lack of $0.03 per share within the year-ago quarter.

Internet gross sales declined to $798.3 million within the second quarter from $1.16 billion within the prior-year interval. Money, money equivalents, and marketable securities had been $4.2 billion on the shut of the quarter.

Prior Efficiency

LEAVE A REPLY

Please enter your comment!
Please enter your name here

CAPTCHA


LATEST POSTS

Right here’s how an investor may begin shopping for shares with £100 in January

Picture supply: Getty Photographs The thought of investing within the inventory market can look...

$73 Million Exodus: BlackRock Bitcoin ETF Suffers File-Breaking Outflow

A serious participant within the cryptocurrency market discovered itself on an uncommon facet of historical past after experiencing its largest outflows in months. The main asset...

Solana’s 2025 restoration plan: Can SOL bounce again from a 31% loss?

contributor Posted: December 22, 2024 SOL bulls are observing a golden alternative to inject contemporary capital into the community throughout this general market downturn.  Will they step as...

Most Popular