Your email has been successfully added to our mailing list.

×
-0.000679347826086982 -0.000452898550724708 -0.00271739130434793 -0.00724637681159421 -0.0185688405797102 -0.00951086956521743 -0.0176630434782609 -0.0131340579710145
Stock impact report

GameStop Shares Drop After Revenue Miss and Bitcoin Loss Overshadow Profit Turnaround [Yahoo! Finance]

GameStop Corporation (GME) 
Last gamestop corporation earnings: 3/26 04:06 pm Check Earnings Report
Company Research Source: Yahoo! Finance
that highlighted just how complicated its transformation has become. While GameStop managed to swing to an operating profit of $41.3 million a sharp reversal from last year's loss its core retail business continued to shrink faster than expected. Warning! GuruFocus has detected 4 Warning Sign with GME. Is GME fairly valued? Test your thesis with our free DCF calculator. Net sales dropped to $821 million, down 4.6% from a year earlier and well short of the nearly $987 million analysts were looking for. Hardware revenue slid 12%, software sales plunged 27% and only the collectibles category showed growth, now making up almost a third of total revenue. The company's turnaround remains heavily dependent on cost cutting rather than true revenue stabilization. GameStop's Bitcoin bet added another twist to the quarter. The company recorded a $9.2 million unrealized loss as Bitcoin fell from about $115,000 to $110,000 during the period. GameStop holds 4,710 BTC, acquired using proceed Show less Read more
Impact Snapshot
Event Time:
GME
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
GME alerts

from News Quantified
Opt-in for
GME alerts

from News Quantified