Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

$GameStop (GME.US)$ GameStop has been experiencing a series ...

$GameStop(GME.US)$ GameStop has been experiencing a series of significant developments. Recently, the company reported disappointing first-quarter results for 2024, with a net loss of $32.3 million, which was an improvement from the previous year’s $50.5 million loss. However, their revenue was down 28.7% year-over-year, reaching $881.8 million compared to analysts’ expectations of $995.3 million  
GameStop (GME) Earnings Date and Reports 2024
.

In addition, GameStop recently completed an at-the-market equity offering program, raising approximately $933.4 million. The funds are intended for general corporate purposes, including potential acquisitions and investments .

Moreover, GameStop’s virtual annual meeting of stockholders, initially scheduled for June 13, 2024, was adjourned due to technical difficulties and reconvened on June 17, 2024 . These factors, combined with ongoing strategic adjustments and market challenges, highlight a period of transition and uncertainty for the company.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
2
+0
8
Translate
Report
6744 Views
Comment
Sign in to post a comment
32Followers
34Following
186Visitors
Follow