CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

BitcoinSistemi 2025-06-10 20:08:07

BREAKING: GameStop Announces Another Bitcoin Purchase – Here’s the Earnings Report

Game sales company GameStop ($GME) announced its first quarter financial results for 2025. While the company's net sales decreased by 17 percent compared to the same period last year, to $732.4 million, there was a significant improvement in operational losses. GameStop's selling, general and administrative expenses (SG&A) were $228.1 million in the quarter, down from $295.1 million in the same period last year. Operating loss decreased to $10.8 million, a significant improvement from last year’s operating loss of $50.6 million. Operating loss in the quarter included a $35.5 million impairment charge recorded as part of the company’s international restructuring process. Related News: Secret Bitcoin Activities of a Company Supported by Donald Trump in the US Have Been Revealed - Here Are the Details Excluding such one-time items, adjusted operating income was $27.5 million, compared to an adjusted operating loss of $55 million in the same period last year. There was also a significant transformation on the net income side. The company reported a net profit of $44.8 million this quarter, compared to a net loss of $32.3 million in the first quarter of last year. After adjustments, net income reached $83.1 million, a stark contrast to the adjusted net loss of $36.7 million in the previous year. GameStop’s balance sheet strength also improved significantly, with the company’s cash, cash equivalents and marketable securities totaling $6.4 billion at the end of the quarter, up from $1 billion in the same period last year. The company completed the sale of its Canadian operations on May 4, 2025. In addition, it purchased 4,710 Bitcoins between May 3 and June 10, 2025. *This is not investment advice. Continue Reading: BREAKING: GameStop Announces Another Bitcoin Purchase – Here’s the Earnings Report

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta