Tech

GameStop Earnings Report: Loss Widened Final Quarter

GameStop Corp. widened its loss and posted income development final quarter because it continued efforts to revitalize its enterprise underneath a just lately overhauled government workforce and board of administrators.

Regardless of the lingering pandemic and a scarcity of recent gaming consoles from Microsoft Corp. and Sony Group Corp., GameStop reported elevated {hardware} and collectibles gross sales. Nevertheless, its software program gross sales fell round 2% from a 12 months earlier through the quarter.

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