Gamestop (GME) earnings Q1 2022


A GameStop location in New York, Dec. 23, 2021.

Scott Mlyn | CNBC

GameStop reported $1.38 billion in revenue in its fiscal first-quarter earnings report Wednesday, up slightly from the $1.27 billion it reported in the year-ago quarter.

But, it also reported a $157.9 million net loss, which is worse than the $66 million net loss in the year-ago quarter.

Shares fluctuated between slightly positive and slightly negative in after-hours trading.

Here are the key numbers:

  • Loss per share: $2.08, not comparable to estimates
  • Revenue: $1.38 billion

GameStop generated $673.8 million in sales of hardware like game consoles and accessories, which amounted to 48.9% of all sales. That was down from $703.5…

Source cnbc.com

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