GameStop Goes From ‘Brink of Bankruptcy’ to Profits

GameStop Goes From ‘Brink of Bankruptcy’ to Profits

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GameStop’s turnaround continued this week as the company reported its first profit in years. The video game retailer announced in a Tuesday (March 21) earnings release that it had seen a net profit of $48.2 million in the quarter that ended in January, versus a $147.5 million loss recorded the…

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