GameStop Releases First Quarter 2021 Financial Results

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GameStop (GME) New CEO, CFO Have Starting Salary of $200K and Eligible for Millions More in Bonuses and Restricted Stock Units

June 9, 2021 4:26 PM UTC

GameStop (NYSE: GME) new CEO Matt Furlong's starting annualized base salary will be $200,000. He is also eligible to earn a total of $4,700,000 in sign-on bonuses.

Also: On the first business day of the first calendar quarter that commences after your start date, and subject to your active employment with us on that date, you will be granted a number of restricted stock units or restricted shares of the Companys Class A common stock (Common Stock) determined by dividing $16,500,000 by the average closing price of Common... More

GameStop (GME) Tops Q1 EPS by 38c, Revenue Beats, Offers Outlook

June 9, 2021 4:10 PM UTC

GameStop (NYSE: GME) reported Q1 EPS of ($0.45), $0.38 better than the analyst estimate of ($0.83). Revenue for the quarter came in at $1.28 billion versus the consensus estimate of $1.16 billion.

2021 Outlook:

GameStop is continuing to suspend guidance at this time; however,... More