this post was submitted on 06 Dec 2023
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DRS Your GME

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Community to discuss the DRSGME.org project and resources, and how to spread DRS advocacy and information to GameStop investors around the world.

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submitted 11 months ago* (last edited 11 months ago) by [email protected] to c/[email protected]
 

https://news.gamestop.com/news-releases/news-release-details/gamestop-discloses-third-quarter-2023-results

EPS: -0.01

DRS Numbers:

As of November 30, 2023, there were approximately 305,514,315 shares of our Class A common stock outstanding. Of those outstanding shares, approximately 230.1 million were held by Cede & Co on behalf of the Depository Trust & Clearing Corporation (or approximately 75% of our outstanding shares) and approximately 75.4 million shares of our Class A common stock were held by registered holders with our transfer agent (or approximately 25% of our outstanding shares) as of November 30, 2023.

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Steady DRS numbers. Beat expectations on EPS, trending towards positive. Great results!

What do you all think?

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[–] [email protected] 10 points 11 months ago

Q2 and Q3 this year have been comparatively phenomenal. In the years up to now GameStop had massive losses in both Quarters, now they are almost profitable in them. If Q4 is profitable we might even see the first financial year without loss since what feels like forever.