GameStop Corp. (NYSE: GME) has reported a revenue for the second quarter of 2024 in comparison with a loss final yr. The online game firm’s gross sales declined 31% in Q2.
GameStop reported internet earnings of $14.8 million or $0.04 per share for the July quarter, in comparison with a lack of $2.8 million or $0.01 per share in the identical interval final yr. On an adjusted foundation, earnings per share was $0.01 in Q2, in comparison with a lack of $0.03 per share within the year-ago quarter.
Internet gross sales declined to $798.3 million within the second quarter from $1.16 billion within the prior-year interval. Money, money equivalents, and marketable securities had been $4.2 billion on the shut of the quarter.