$GameStop(GME)$ GameStop $GME -To The Moon - Tiger Brokers Online Investing Community - To The Moon

$GameStop(GME)$

GameStop $GME 2Q22 financial results:

EPS $(0.35)

Beats $(0.38) Estimate

Sales $1.14B

Miss $1.27B Estimate

As of July 30, 2022, 71.3 million shares of GameStop's common stock were directly registered with Computershare.

Last quarter's DRS count stood at 50.8m pre-split. That is a 40% increment in DRSed shares, and 57% of the float locked away!

Also, it is as of July 30th, which it would be fair to assume a higher number now.

GameStop has also entered into yet another partnership with a premium cryptocurrency company, FTX Exchange.

FTX Exchange is a leading centralized cryptocurrency exchange specializing in derivatives and leveraged products.

GameStop states the company is focused on:

- transforming into a customer-obsessed technology-led company to delight gamers

- achieving profitability, launching first-party products, and supporting the company stores

- actively exploring partnerships to increase brand awareness and support commerce business

CEO Matt Furlong concluded the GameStop 2Q22 Earnings Call stating, "We believe GameStop is a much stronger business than it was 18 months ago."

All the naysayers beating GameStop down, sit down and shut up.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

lyKeoh
2022-09-11
lyKeoh
good one
Cvt
2022-09-11
Cvt
Sale miss so loss 🙈
RG3
2022-09-11
RG3
👍🏻
kM
2022-09-11
kM
Noted with thanks
JeremyKok
2022-09-11
JeremyKok
thank you for sharing.
senggy
2022-09-13
senggy
hottyy

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That is a 40% increment in DRSed shares, and 57% of the float locked away!</p><p>Also, it is as of July 30th, which it would be fair to assume a higher number now.</p><p><br></p><p>GameStop has also entered into yet another partnership with a premium cryptocurrency company, FTX Exchange.</p><p><br></p><p>FTX Exchange is a leading centralized&nbsp;cryptocurrency&nbsp;exchange specializing in&nbsp;derivatives&nbsp;and leveraged products.</p><p><br></p><p>GameStop states the company is focused on:</p><p> - transforming into a customer-obsessed technology-led company to delight gamers</p><p>-&nbsp;achieving profitability, launching first-party products, and supporting the company stores</p><p>- actively exploring partnerships to increase brand awareness and support commerce business</p><p>CEO Matt Furlong concluded the&nbsp;GameStop&nbsp;2Q22 Earnings Call stating, \"We believe GameStop is a much stronger business than it was 18 months ago.\"</p><p><br></p><p>All the naysayers beating GameStop down, sit down and shut up.</p><p><img src=\"https://community-static.tradeup.com/news/12a6c5f9a0ff29b6e77166c2c3da604b\" tg-width=\"1080\" tg-height=\"2408\"></p></body></html>","text":"$GameStop(GME)$ GameStop $GME 2Q22 financial results: EPS $(0.35) Beats $(0.38) Estimate Sales $1.14B Miss $1.27B Estimate As of July 30, 2022, 71.3 million shares of GameStop's common stock were directly registered with Computershare. 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GameStop states the company is focused on: - transforming into a customer-obsessed technology-led company to delight gamers - achieving profitability, launching first-party products, and supporting the company stores - actively exploring partnerships to increase brand awareness and support commerce business CEO Matt Furlong concluded the GameStop 2Q22 Earnings Call stating, \"We believe GameStop is a much stronger business than it was 18 months ago.\" All the naysayers beating GameStop down, sit down and shut 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