GameStop Corp. Cl A (GME) Social Stream
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$PSFE there is a reason why this is a huge BUY signalGCYUU, published August 16, 2021
I see no negative news. Executing according to plan.
• Met all guidance, hitting top of range in revenue and EBIDTA
• Revenue beat analyst consensus
• Revenue grew in all segments
• 41% Volume growth
• US volume up 68%
• Expecting 2021 volume to be $130-140 billion, up significantly from $105 billion guidance
• 13% YoY Revenue growth. Significant improvement from last Q: Would have been 23% excluding unwinding direct marketing and PayLater divestiture.
• Refinanced all existing debt
• Acquiring two companies SafetyPay and PagoEfectivo to establish strategic foothold in Latin America with presence in 19 markets and 90% of banks.
• New Acquisitions bring their eCash business up to a million distribution points in 60 countries.
• Expecting Q4 ramp up - seeing strong pipeline growth in international Ecommerce
$POWW $GME $BMBL $FSLY
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