(Reuters) – GameStop Corp reported third-quarter revenue on Wednesday that beat analysts’ estimates, as it sold more gaming consoles and video games.
The video game retailer’s overall revenue was $1.30 billion, beating estimates of $1.19 billion, according to Refinitiv IBES data.
GameStop was one of the companies whose shares hogged the limelight in this year’s meme-stock frenzy, which was led by day traders and fueled by chatter on social media platforms such as Reddit.
(Reporting by Akash Sriram in Bengaluru; Editing by Shounak Dasgupta)
