Here's a look at the details inside the report.
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GameStop Q1 Details GameStop reported quarterly earnings of 30 cents per share, which beat the consensus estimate of 16 cents by 87.5%, according to Benzinga Pro data.Quarterly revenue came in at $835.3 million, which beat the Street estimate of $766.64 million and was up from $732.4 million in the prior year’s quarter.The board of directors approved a $2 billion share repurchase authorization through June 2, 2029, replacing the prior authorization from March 2019.GameStop highlighted the following quarterly metrics:
Highest quarterly net income in GameStop’s history of $389.6 million.
Highest first quarter operating income in GameStop’s history of $143.3 million.
