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    GameStop beats estimates; reduced losses

    Rising Candle TeamBy No Comments1 Min Read

    GameStop (GME) reported its first-quarter results that beat estimates and showed reduced losses. The company also announced two new Amazon veterans as the new Chief Executive Officer and Chief Financial Officer.

    • Q1 Revenue: $1.28 billion vs.$1.17 billion expected and $1.02 billion Y/Y 
    • Q1 Adjusted loss per share: 45 cents vs. 71 cents expected and $1.61 Y/Y 

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