Categories AlphaGraphs, Earnings, Leisure & Entertainment
GME Earnings: GameStop Q4 2023 earnings rise despite lower sales
GameStop Corp. (NYSE: GME) has reported a sharp increase in earnings for the fourth quarter of 2024 when the video game company’s sales declined.
The company posted net income of $63.1 million or $0.21 per share for the January quarter, compared to $48.2 million or $0.16 per share in the same period of last year. On an adjusted basis, net income was $0.22 per share.
Meanwhile, fourth-quarter net sales decreased 19% to $1.79 billion from $2.23 billion in the prior-year period. Cash, cash equivalents, and marketable securities were $1.20 billion at the close of the quarter.
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INTU Earnings: Intuit reports higher Q3 revenue and profit; results beat
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Against a challenging backdrop, Lowe’s (LOW) is focusing on these two pillars of its strategy
Shares of Lowe’s Companies, Inc. (NYSE: LOW) were down over 1% on Thursday. The stock has dropped 8% over the past three months. The company saw sales and earnings decline
Earnings Preview: Can Salesforce regain its growth momentum this year?
Salesforce, Inc. (NYSE: CRM) has constantly innovated its products and services after successfully adopting the SaaS business model years ago. The company's growth has slowed in recent quarters, and its
