Categories AlphaGraphs, Earnings, Leisure & Entertainment
Earnings: GameStop Q3 2023 net loss narrows; revenue down 9%
Video game company GameStop Corp. (NYSE: GME) has reported a narrower net loss for the third quarter of 2023 when its revenues declined.
The company posted a net loss of $3.1 million or $0.01 per share for the October quarter, compared to a loss of $94.7 million or $0.31 per share in the same period of last year. Gross profit was $281.8 million, vs. $291.6 million last year.
Third-quarter net sales were $1.08 billion, compared to $1.19 billion in the prior-year period. Cash, cash equivalents and marketable securities were $1.210 billion at the close of the quarter.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%
