Grapevine-based GameStop Corp. (GME) on Wednesday reported a loss of $3.1 million in its fiscal third quarter.
The Grapevine, Texas-based company said it had a loss of 1 cent per share. Earnings, adjusted for non-recurring costs, came to less than 1 cent on a per-share basis.
The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share.
The video game retailer posted revenue of $1.08 billion in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $1.16 billion.
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