GameStop (NYSE:GME) unexpectedly posted first-quarter results, and the news wasn’t good. GME stock is down 19% in pre-market trading.The video game chain, which has become a meme stock thanks to Roaring Kitty, saw a decline in sales and foot traffic. The company lost $32.3 million, 11 cents per share, on sales of $882 million. A year ago, GameStop lost $50.5 million, 17 cents per share, on sales of $1.24 million.The results had been expected on June 17. They were moved up because of the stock’s volatility.I ...

 Q1 FY24Analyst Estimates for Q1 FY24Q1 FY23 Revenue$882 million $900 million$1.24 billionDiluted (Loss) Per Share (11 cents)(10 cents) (17 cents) Net (Loss)($32.3 million) ($30.6 million)($50.5 million) GameStop Issuing More Shares GameStop said in a Securities and Exchange Commission (SEC) filing it would sell up to 75 million additional shares on top of the 45 million shares it recently sold for more than $900 million. The company had previously said that it would report first-quarter results after ma ...

文章核心观点 - GameStop公司发布了最新财报,净亏损32.2百万美元,同比减少,但销售额下降28%至881百万美元 [1] - GameStop股价经历了大幅波动,先是上涨47%创近期新高,随后又大幅下跌 [2][3][5] - 投资者关注"Roaring Kitty"的YouTube直播,这是他三年来首次直播 [3][4] - GameStop计划再次发行多达7500万股新股,以筹集资金用于公司发展 [1][8] 公司经营情况 - GameStop公司2023年第一季度净销售额预计在872-892百万美元之间,净亏损在27-37百万美元之间 [7] - GameStop表示将使用增发股票所得资金用于公司一般用途,包括并购和投资 [8] 股价波动分析 - GameStop股价在5月大涨,创下48.75美元的历史新高,随后又大跌至18.32美元 [5][6] - 此次股价大涨与"Roaring Kitty"在社交媒体X平台(原Twitter)重新发帖有关 [4][9] - "Roaring Kitty"此前在2021年GameStop股价暴涨中扮演了关键角色 [10]

GameStop’s shares were down more than 15% in pre-market trading after the company reported a wider-than-expected sales drop — just hours before a highly anticipated YouTube livestream from star retail investor “Roaring Kitty” was expected to send the stock surging.The video-game retailer said Friday its net sales tumbled to $881.8 million in the quarter ended May 4, compared with $1.24 billion a year earlier. That was worse than Wall Street expected, with two analysts having predicted sales of $900 million ...

I have historically been very bearish on GameStop (NYSE:GME), mainly due to key fundamental factors. The company continues to see revenue deterioration and the ultimate impact of online competition should render its business model obsolete over the very long term. That is why there is so much short interest in this name.However, GME stock has been skyrocketing in recent days, surging more than 45% yesterday alone. This recent surge is thanks to Keith Gill, also known as Roaring Kitty on YouTube and DeepF——V ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

GameStop (GME) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -20%. A quarter ago, it was expected that this video game retailer would post earnings of $0.25 per share when it actually produced earnings of $0.22, delivering a surprise of -12%.Over the last four quarters, the company has surp ...

ToplineShares in GameStop, AMC Entertainment and other meme stocks were on a rollercoaster during premarket trading Friday after “Roaring Kitty,” the finance influencer credited with kickstarting the original meme stock craze, scheduled his first livestream in years.GameStop is one of the meme stocks soaring after a return to activity for Roaring Kitty. Getty Images Key FactsGameStop shares jumped by a third to more than $61 in premarket trading Friday morning, after climbing more than 47% during regular tr ...

No stock is currently garnering more attention on Wall Street than GameStop (NYSE: GME), thanks to Keith Gill, aka Roaring Kitty, taking on institutional short-sellers again and earning a hefty sum.Since disclosing his GME stock position on June 3, valued at $180 million at that time, GME shares have surged by 167.44%. This includes pre-market gains of 35.42% at the time of writing, reaching a pre-market price of $63.04.GME stock surge since Roaring Kitty disclosed his position. Source: Google FinanceWith h ...

Traders walk the floor during morning trading at the New York Stock Exchange (NYSE) on May 14, 2024 in New York City.GameStop reported its first-quarter results Friday, showing a steep decline in sales along with a loss on the bottom line. The video game retailer posted net sales of $881.8 million for the period. That's down 29% from $1.237 billion a year prior. The company lost $32.3 million during the quarter, a narrower loss than the $50.5 million suffered in the year-earlier period.The first quarter res ...