GameStop (GME) completes at-the-market sale of 45 million shares for $933.4 million in proceeds
GameStop has bolstered its balance sheet with the sale of 45 million shares.
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GameStop has bolstered its balance sheet with the sale of 45 million shares.
Ahead of its official release of Q1 2024 earnings results, GameStop has released some early stats and announcements, including revenue metrics.
GameStop announced its stock sale alongside its preliminary earnings report.
Keith 'TheRoaringKitty' Gill has returned to social media, and GameStop stock is on the move.
The company notes that it did not repurchase shares in fiscal 2023.
GameStop's Board of Directors voted to promote Daniel Moore from the interim position.
GameStop's latest SEC filing showed an increased number of directly registered shares from last quarter.
GameStop's adjusted EBITDA for FY2023 was $64.7 million, which was at least a profit compared to losses in the same stat for FY2022.
GameStop's final earnings report for Q4 2023 shows a miss on revenue and earnings expectations.
GameStop will be skipping its conference call for a fourth consecutive quarter.