Today news
About the same in other media
GameStop reports narrower-than-expected loss in Q2 as costs fall
Reading now: 892
Investing.com — GameStop reported Wednesday a narrower than expected loss as cost cutting measures kept a lid on losses.
GameStop Corp (NYSE:GME) rose nearly 1% in afterhours following the report.
The company reported an adjusted loss of $0.03 a share on revenue of $1.16B, topping Wall Street's estimates for an adjusted loss of $0.14 on revenue of 1.14B.
Selling, general and administrative expenses fell to $322.5M in the quarter from $387.5M a year earlier.
Inventory, meanwhile, fell to $83.5M for the quarter from $179.5M in the same period a year earlier.
Read more on investing.comAbout this in other media
RR Kabel share price lists at better-than-expected premium. Buy, hold or exit? livemint.com /1 year ago
OECD: Global economy 'more resilient than expected' but growth outlook 'remains weak' investmentweek.co.uk /1 year ago
V.F. Corp. cut at Piper Sandler as Vans turnaround will take longer than expected investing.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
