GameStop (GME) Q4 2024 earnings results miss revenue expectations on larger than expected profit

For Q4 2024, GameStop (GME) unveiled their earnings report, giving a detailed insight into their financial status during the recent period. With the conclusion of their fiscal year, GameStop fell short in terms of predicted revenue but managed to surpass earnings expectations for the fourth quarter.

Today, GameStop unveiled their Q4 2024 financial report at market close. The sales figure came in at $1.283 billion, falling short of the projected $1.48 billion. However, the company exceeded expectations with earnings per share of $0.29 compared to the anticipated $0.08.

Following the market close, GameStop’s (GME) share price saw a notable increase during extended trading sessions. Initially priced at $25.44, the stock reached a peak of $27.20 in post-market trades.

Alongside their income and profit statistics, GameStop also announced consecutive annual profits in 2023 and 2024. Keep checking Shacknews for the latest updates on GME.

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2025-03-25 23:58