GME's sharp cost cuts and efficiency push drive first-quarter profit despite a steep drop in hardware and software sales.

GameStop is burning cash, and its numbers don't provide a path to profitability. GME's financial statements are a disaster, and I do not see a reason to be optimistic.

Key Takeaways GameStop posted a surprise profit but continues to lose revenue in core retail.The company is shifting into ...

As GameStop (GME) heads into the first quarter of the new fiscal year, we’ll be watching to see how the company aims to achieve full-year profitability after reporting a loss for 2022.

GameStop's Path to Profitability. Even before the COVID pandemic reached the U.S., GameStop had been grappling with financial challenges. The retailer faced tough competition from e-commerce ...

GameStop CEO Matt Furlong said the company's aim is to create a path toward full-year profitability in the future. For the full year, GameStop had $1.39 billion in cash and cash equivalents on ...

GameStop boss Ryan Cohen said Tuesday on CNBC’s Squawk Box that the company’s recent crypto play is strictly about protecting ...

Positive Wall Street Revisions: GameStop's execution of Ryan Cohen's strategy has resulted in improved profitability, with net losses reversing throughout 2023.

GameStop reported a profit of $48.2 million in the fourth quarter of 2022 — reversing a $147.5 million loss in the same period a year ago. ... Furlong even said GameStop has "a path to full-year ...

GameStop’s shares are still up 20-25% after it reported GAAP profitability in Q4. See why I rate GME stock a Sell now at the current price.