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GameStop is set to announce its earnings during the last week of March. It's possible that the retailer could report an annual profit for the first time since 2018.
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GameStop Turns a Profit, But Core Business Keeps Shrinking - MSNGameStop's Q1 results do nothing to change the analysts' outlook, which is bearish to say the least. MarketBeat tracks only a single rating, pegged at Sell, with a price target of $13.50.
In Ryan Cohen's first quarter as CEO, GameStop increased revenue, reduced costs, and neared profitability. To secure GameStop's financial stability, the company must enhance cash flows by managing ...
GameStop’s bottom-line performance further highlighted the benefits of its cost restructuring. The company shifted from a net loss of $32.3 million to a net income of $44.8 million in the first ...
Dec 10 (Reuters) - GameStop (GME.N) reported a third-quarter profit on Tuesday as the videogame retailer ramps up its cost-saving efforts, including shutting stores and selling higher-margin goods.
GameStop posted a rise in fourth-quarter profit, helped by its efforts to reduce costs, as it continues to grapple with a slow turnaround in its mainstay of retailing videogame hardware and ...
GameStop (GME) shared its financial earnings report for Q3 2022 and included in relevant documents such as its Form 10-Q, the company shares plans for attaining profitability in the future through ...
Grapevine-based GameStop Corp. reported a surprise profit in the fourth quarter and beat analysts’ estimates for revenue, sending its shares soaring as much as 39% in extended trading Tuesday.
Green shoots have appeared in GameStop’s (NYSE: GME) results. The turnaround efforts have resulted in operating profitability, but it may not be sufficient to sustain the company's business.
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