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

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 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.

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

GameStop Corp. (NYSE:GME) fell sharply in premarket action on Wednesday as investors digested the retailer's Q2 earnings report. Revenue fell 31.2% year-over-year for the quarter that ended on ...

GameStop reported a third-quarter profit on Tuesday as the videogame retailer ramps up its cost-saving efforts, including shutting stores and selling higher-margin goods.

GameStop Corp. shares jumped following the video game retailer’s third-quarter results this week, although analyst firm Wedbush thinks that a return to profitability in the company’s core ...

GameStop swung to a profit in the first quarter despite falling sales as its collectibles business was the only segment to record growth. The video-game retailer on Tuesday posted a profit of $44. ...

GameStop said it anticipates closing a "significant number" of additional stores this fiscal year and revised its investment policy, paving the way for the video game retailer to invest in bitcoin.