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| Name | GME Q1 2024 Earnings Review & Summary - MUST WATCH! Gamestop Q1 Earnings |
| Video Uploader | Video From Tony Denaro |
| Upload Date | This Video Uploaded At 07-06-2024 17:14:37 |
| Video Discription | GME Q1 2024 Earnings Review & Summary - MUST WATCH! Gamestop Q1 Earnings. On June 7th in pre-market GameStop Corp. (NYSE: GME) released financial results for the first quarter ended May 4, 2024. The Company’s condensed and consolidated financial statements, including GAAP and non-GAAP results, are below. FIRST QUARTER OVERVIEW *) Net sales were $0.882 billion for the first quarter, compared to $1.237 billion in the prior year's first quarter. *) Selling, general and administrative (“SG&A") expenses were $295.1 million, or 33.5% of net sales for the first quarter, compared to $345.7 million, or 27.9% of net sales, in the prior year's first quarter. *) Net loss was $32.3 million for the first quarter, compared to a net loss of $50.5 million for the prior year’s first quarter. *) Cash, cash equivalents and marketable securities were $1.083 billion at the close of the quarter. *) Long-term debt remains limited to a low-interest, unsecured term loan associated with the French government’s response to COVID-19. #TonyDenaro #GME #Gamestop 🦍Join the Tony Denaro channel to get access to perks, basic Discord and a membership chat badge: https://www.youtube.com/c/TonyDenaro/Join 🏆 SUBSCRIBE! https://www.youtube.com/c/TonyDenaro?sub_confirmation=1 🧡 DISCORD! Support the Channel & get FULL access to the Tony Denaro Discord including Tony's trades with a VIP membership. Be sure to link Patreon and Discord before signing up: https://www.patreon.com/TonyDenaro 🐤TWITTER: https://twitter.com/Tony_Denaro 💹 STOCKTWITS: https://stocktwits.com/TonyDenaro 📶 TWITCH backup livestream (add it now!): https://www.twitch.tv/tonydenaro 📰 REDDIT: https://www.reddit.com/r/TonyDenaro/ 🧡 Discord is a free perk for supporters of the channel via YouTube Join button or Patreon. 1) Discord via Patreon CLICK HERE: https://www.patreon.com/TonyDenaro How to link Patreon and Discord: https://bit.ly/3Tc3MGp 2) Discord via YouTube (includes colored badge in Youtube chats) CLICK HERE: https://bit.ly/3PLj0z2 How to link Discord and YouTube: https://bit.ly/3pD4W0b 💥Links for Content Creators:💥 1) Best free software for Collab videos - Restream: https://restream.io/join/TonyDenaro 2) Diversify where your content is published, sign up for Rumble: https://rumble.com/register/TonyDenaro/ 💥Links for Content Creators💥 Send Tony Denaro something: Tony Denaro 10900 Research Blvd Suite 160-C #196 Austin, TX 78759 DISCLAIMER: Content, strategies and opinions on this channel are for entertainment purposes only. Tony Denaro is not a financial advisor. Discussion in this video is Tony's opinion (or opinion of his guests), and not specific investment or legal advice for you.. Always do your own due diligence. Read company SEC filed 8-K, 10-Q, 10-K filings, Financial Statements and the Risk Factors contained therein BEFORE INVESTING. Past performance is not indicative of future results. Content in this video is not personalized material for you, but rather general educational and informational material and opinion. All investments have inherent risk. YOU MAY LOSE MONEY. Seek a duly licensed professional for investment, tax or legal advice. |
| Category | Education |
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