In the second quarter of fiscal 2022, GameStop suffered a loss per share of $0.35. Analysts had previously estimated EPS of -$0.415, after a loss per share of $0.190 in the prior-year period.
The turnover of GameStop, which is currently changing from the classic retail chain for computer game supplies to a modern technology provider for online gamers wants was in the past quarter at 1.14 billion US dollars after 1.18 billion US dollars in the previous year. Here the experts had forecast an increase to 1.27 billion US dollars.
GameStop partners with crypto exchange FTX
The company also announced in a statement that it was entering into a cooperation with the crypto exchange FTX. “The partnership is designed to introduce more GameStop customers to the FTX community and its digital asset marketplaces,” GameStop said. In addition, the cooperation should not only relate to e-commerce and online marketing, but GameStop wants to offer FTX gift cards in “select stores”. According to the press release, the companies are silent on the financial details.
GameStop stock was last up 7.45 percent at $25.83 in trading on the NYSE.
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