Thursday, May 28, 2015

GameStop revenue rises 3.2 percent

GameStop Corp, the world's largest retailer of video game products, reported a 3.2 percent rise in quarterly revenue, helped by the releases of games such as "Evolve" and "Mortal Kombat X". Net income rose to $73.8 million, or 68 cents per share, in the first quarter ended May 2, from $68 million, or 59 cents per share, a year earlier. Global sales rose to $2.06 billion from $2.00 billion. Comparable-store sales rose 8.6 percent. (Reporting By Lehar Maan and Anya George Tharakan in Bengaluru; Editing by Don Sebastian)

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