GameStop Non-GAAP EPS of $0.01 beats by $0.10, revenue of $790M misses by $105.67M
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Contributor since / Followers
Contributor since / Followers
1 week ago
- GameStop press release (NYSE:GME): Q2 Non-GAAP EPS of $0.01 beats by $0.10.
- Revenue of $790M (-31.9% Y/Y) misses by $105.67M.
- Selling, general and administrative (“SG&A”) expenses were $270.8 million, or 33.9% of net sales for the second quarter, compared to $322.5 million, or 27.7% of net sales, in the prior year’s second quarter.
- Net income was $14.8 million for the second quarter, compared to a net loss of $2.8 million for the prior year’s second quarter.
- Cash, cash equivalents and marketable securities were $4.204 billion at the close of the quarter.