The stock surged 4.4% before the market opened, but still fell at the opening. This may be related to the company's financial report and the correlation with its main business. Completely transforming is not an easy task!
As of February 1, 2025, for the fourth quarter of the 2024 fiscal year, GameStop achieved a net income of $131.3 million, more than doubling from $63.1 million in the same period last year, exceeding market expectations of an earnings per share (EPS) of $0.09, with an actual EPS of $0.30. However, quarterly revenue decreased by 28.5% year-over-year to $1.283 billion, falling short of analysts' expectations of $1.48 billion. Annual revenue was $3.823 billion, down from $5.273 billion in the previous fiscal year.
All companies want to learn from MicroStrategy, but no one can replicate it; the historical burden is too heavy! 🧐
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