People walk through a GameStop store in Brooklyn on January 28, 2021 in New York City.
Spencer Platt | Getty Images News | Getty Images
Video game retailer GameStop said Wednesday that its second-quarter tax losses fell as sales rose from a year ago.
The company’s shares fell about 2% in expanded trading.
For the quarter ended July 31, the company said it recorded a loss of $ 61.6 million, or 85 cents per share, compared to a loss of $ 111.3 million, or $ 1.71 per share, a year ago. Tightly, GameStop lost 76 cents per share.
Sales rose to $ 1.181 billion, up from $ 942 million a year earlier.
According to Refinitiv, analysts were expected to make a loss of 67 cents per share on revenue of $ 1.12 billion.
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