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Market Update : 
GameStop Third Quarter Earnings Call Summary
Author: Albena Toncheva
123jump.com
Last Update: 1:47 PM EST November 22 2007


Revenue of the video game retailer climbed 59.3% from a year ago to $1.61 billion. Profit was bolstered by the 46.3% higher same-store sales. During the latest quarter new video hardware sales more than doubled with ""Halo 3"" from Microsoft and ""Madden NFL ''08"" by Electronic Arts leading the top sellers. The company expects to earn 95 cents to 97 cents per share, compared to 81 cents a share in the same quarter a year ago.

 

 

 

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