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An update from GameStop ( (GME) ) is now available.
GameStop Corp. reported an increase in net income to $14.8 million in the second quarter of 2024, recovering from a net loss of $2.8 million in the same quarter the previous year, despite a decrease in net sales from $1.164 billion to $0.798 billion. Cash reserves and marketable securities stood strong at $4.204 billion. The company did not host a conference call but directed stockholders to review the detailed financial statements and supplemental information available on their investor relations website.
See more insights into GME stock on TipRanks’ Stock Analysis page.
