this post was submitted on 07 Dec 2023
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DRS Your GME

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A quick overview of GameStop's financial position from 2020 to present, in one table (lemmy.whynotdrs.org)
submitted 11 months ago by jersan@lemmy.whynotdrs.org to c/drs_your_gme@lemmy.whynotdrs.org
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Ryan Cohen became chairman on June 9 2021.

How has the company's financial standing change since then?

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[–] jersan@lemmy.whynotdrs.org 9 points 11 months ago (2 children)

In order to achieve full-year profitability, GameStop will need to achieve a net income of + $57 million in Q4 2023.

[–] DiamondHansGruber@lemmy.whynotdrs.org 6 points 11 months ago

Time to buy more games 💎👌

[–] regolith@lemmy.whynotdrs.org 5 points 11 months ago

Net income Q4 2022 was $48 million, and their revenue during Q4 most years is around 2 Billion compared to around 1Billion for each of Q1, Q2, Q3.