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GameStop Corp. (NYSE: GME) has reported a pointy enhance in earnings for the fourth quarter of 2024 when the online game firm’s gross sales declined.
The corporate posted web revenue of $63.1 million or $0.21 per share for the January quarter, in comparison with $48.2 million or $0.16 per share in the identical interval of final 12 months. On an adjusted foundation, web revenue was $0.22 per share.
In the meantime, fourth-quarter web gross sales decreased 19% to $1.79 billion from $2.23 billion within the prior-year interval. Money, money equivalents, and marketable securities had been $1.20 billion on the shut of the quarter.
Prior Efficiency
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