In Ryan Cohen's first quarter as CEO, GameStop increased revenue, reduced costs, and neared profitability. To secure GameStop's financial stability, the company must enhance cash flows by managing ...

GameStop's Q1 results do nothing to change the analysts' outlook, which is bearish to say the least. MarketBeat tracks only a single rating, pegged at Sell, with a price target of $13.50 .

Wall Street's outlook on GameStop has improved following its Q3 earnings report, and revised projections indicate that the company could reach profitability by January 2024.; CEO Ryan Cohen's ...

GameStop (NYSE: GME) shares edged higher following its Q3 release, but so what? The report included a surprise profit, but the underlying cause and business metrics align with the trend. This ...

Consequently, GameStop's net loss significantly decreased from $108.7 million in the previous year's quarter to $2.8 million in the current quarter, signifying an enhanced profitability outlook.

GameStop's gross profit margin contracted by -4.2 percentage points YoY from 25.9% in Q1 FY 2021 to 21.7% in Q1 FY 2022. ... In other words, the business outlook for GameStop is negative, ...

In pursuit of profitability, GameStop “rightsized corporate expenditures and headcount,” Furlong said. Those actions, and other measures, reduced expenses by 14.3% in the second quarter ...

GameStop’s Q2 net sales fell 31.4% to $798 million, down from about $1.2 billion a year ago, the company said in a Tuesday earnings announcement. Gross profit for Q2 fell nearly 19% to about ...

GameStop has missed analyst estimates for revenue in three straight quarters and six of the last 10 quarters overall. Analysts expect GameStop to report a loss of nine cents per share in the ...

GameStop’s Q1 results do nothing to change the analysts’ outlook, which is bearish to say the least. MarketBeat tracks only a single rating, pegged at Sell, with a price target of $13.50.