Categories AlphaGraphs, Earnings, Leisure & Entertainment
GME Earnings: GameStop swings to profit in Q2; sales down 31%
GameStop Corp. (NYSE: GME) has reported a profit for the second quarter of 2024 compared to a loss last year. The video game company’s sales declined 31% in Q2.
GameStop reported net income of $14.8 million or $0.04 per share for the July quarter, compared to a loss of $2.8 million or $0.01 per share in the same period last year. On an adjusted basis, earnings per share was $0.01 in Q2, compared to a loss of $0.03 per share in the year-ago quarter.
Net sales declined to $798.3 million in the second quarter from $1.16 billion in the prior-year period. Cash, cash equivalents, and marketable securities were $4.2 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
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
