GME Earnings: GameStop Reports Mixed Financial Results and 4,710 Bitcoin

GME Earnings: GameStop Reports Mixed Financial Results and 4,710 Bitcoin

Detailed price information for Gamestop Corp (GME-N) from The Globe and Mail including charting and trades.

GameStop Shares Slide After Earnings Miss, Despite Bitcoin Bet and Profit Turnaround

Key Insights: GameStop revenue missed Wall Street estimates, dropping 17% year-on-year. Company returned to profit, posting $44.8 million net income for Q1. GameStop bought 4,710 BTC, worth roughly $513 million between May 3 and June 10. GameStop shares fell after-hours despite a turnaround profit and Bitcoin buy, as revenue disappointed Wall Street expectations. Q1 Miss Sends GME Lower Despite Profit and BTC Purchase GameStop Corp (NYSE:GME) d…