GameStop is burning cash, and its numbers don't provide a path to profitability. GME's financial statements are a disaster, and I do not see a reason to be optimistic.

As GameStop (GME) heads into the first quarter of the new fiscal year, we’ll be watching to see how the company aims to achieve full-year profitability after reporting a loss for 2022.

GameStop's Path to Profitability. Even before the COVID pandemic reached the U.S., GameStop had been grappling with financial challenges. The retailer faced tough competition from e-commerce ...

GameStop CEO Matt Furlong said the company's aim is to create a path toward full-year profitability in the future. For the full year, GameStop had $1.39 billion in cash and cash equivalents on ...

Positive Wall Street Revisions: GameStop's execution of Ryan Cohen's strategy has resulted in improved profitability, with net losses reversing throughout 2023.

GameStop reported a profit of $48.2 million in the fourth quarter of 2022 — reversing a $147.5 million loss in the same period a year ago. ... Furlong even said GameStop has "a path to full-year ...

GameStop Corp. GME delivered a notable improvement in its fiscal first-quarter 2025 results, driven largely by disciplined cost management and improved operational efficiency. The company slashed ...

Despite declining revenues, GameStop managed to protect its product-level profitability. Operationally, GameStop saw strong gains. Adjusted EBITDA turned positive at $38.6 million, reversing a ...

GameStop Corp. GME delivered a notable improvement in its fiscal first-quarter 2025 results, driven largely by disciplined cost management and improved operational efficiency. The company slashed ...

Gross margin expanded significantly by 680 basis points to 34.5%, highlighting improved pricing and cost control. Despite declining revenues, GameStop managed to protect its product-level ...