Video game company GameStop Corp. (NYSE: GME) will be reporting its second-quarter 2023 financial results today after the closing bell.
Listen to GameStop’s Q2 2023 earnings call live and read the real-time transcript
Analysts expect the company to report a loss of $0.14 per share for the July quarter, excluding special items, compared to a loss of $0.35 per share last year. Second-quarter revenue is expected to stay broadly unchanged at $1.14 billion.
For the first quarter of 2023, the company reported a narrower net loss despite a decline in sales. Net loss for the April quarter was $50.5 million or $0.17 per share, compared to a loss of $157.9 million or $0.52 per share in the same period of last year. On an adjusted basis, loss narrowed to $0.14 per share in Q1 from $0.52 per share in the prior-year quarter. At $1.24 billion, first-quarter net sales were down 10% from the year-ago period.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
AAPL Earnings: Apple’s Q2 sales and profit beat estimates; iPhone sales down 10%
Apple Inc. (NASDAQ: AAPL) on Thursday reported better-than-expected profit and revenue for the second quarter of 2024. There was a 10% decrease in iPhone sales. The gadget giant reported revenues
Shopify (SHOP) is all set to report Q1 2024 results. Here’s what to expect
Over the years, Shopify Inc. (NYSE: SHOP) has steadily expanded its footprint in the online retail market through constant innovation, like the recent launch of a mobile POS device for
eBay (EBAY): A look at how the ecommerce company fared in Q1 2024
Shares of eBay Inc. (NASDAQ: EBAY) were down over 2% on Thursday. The company reported its earnings results for the first quarter of 2024 a day ago, with revenue and
