GameStop piles up more cash in Q3 even as sales fall off

GameStop Corp. (NYSE:GME) edged higher in post-market trading on Tuesday after disclosing its third quarter earnings report.

Revenue fell 20.4% year-over-year for the quarter that ended on November 2 to $860.3 million. Hardware and accessories sales accounted for 48.5% of total sales vs. 53.7% a year