GameStop Corp. revealed on Wednesday that its revenue in the third quarter of the fiscal year 2023 saw an annual drop of about 5.1% to reach $1.1 billion.
The company reported a net loss of $3.1 million, an improvement compared to the one $94.7 registered in the same trimester in 2022. Meanwhile, its diluted losses per share went from $0.31 per share seen in the same period of the previous year to those of $0.01 noted in the quarter ending October 28, 2023.
Following the release of the report, GameStop's shares lost 1.55% in the after-hours trading.