GameStop may be a bitcoin play, but its stock is sliding on weaker-than-expected Q1 revenue

Earnings Results

The videogame retailer’s shares fall more than 3% in extended trading Tuesday

Last Updated: June 10, 2025 at 8:13 p.m. ET
First Published: June 10, 2025 at 4:44 p.m. ET

Videogame retailer and original meme stock GameStop reported first-quarter results after market close Tuesday. Photo: Getty Images

GameStop Corp. shares fell more than 3% in extended trading Tuesday after the videogame retailer’s first-quarter revenue missed Wall Street’s expectations, despite the company posting its fourth consecutive quarterly profit.

GameStop GME, which announced its first purchase of bitcoin BTCUSD last month, reported results after market close.