GameStop: Fiscal Q4 Earnings Snapshot

GRAPEVINE, Texas (AP) — GRAPEVINE, Texas (AP) — GameStop Corp. (GME) on Tuesday reported fiscal fourth-quarter net income of $48.2 million, after r...

March 21, 2023
11:02 PM

GRAPEVINE, Texas (AP) — GRAPEVINE, Texas (AP) — GameStop Corp. (GME) on Tuesday reported fiscal fourth-quarter net income of $48.2 million, after reporting a loss in the same period a year earlier. The Grapevine, Texas-based company said it had profit of 16 cents per share. The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 16 cents per share. The video game retailer posted revenue of $2.23 billion in the period, which also beat Street forecasts.

Gerry Díaz