How did GAME's Q4 forecast compare to past quarters?
4/10/2025 12:35am
GameSquare's (GAME) Q4 forecast for fiscal 2024 shows an improvement in estimated revenue compared to the previous quarter, but a continuation of negative estimated EPS.
1. **Revenue Comparison**:
- GAME's estimated revenue for Q4 2024 is $30.95 million.
- This is higher than the estimated revenue of $27.6 million for Q4 2023 and $22.9 million for Q3 2023.
- However, it's important to note that the estimated revenue for Q4 2022 was lower at $10.19 million, indicating a significant year-over-year increase.
2. **Earnings Comparison**:
- The estimated EPS for Q4 2024 is -$0.07, which indicates a loss for the period.
- This is an improvement from the previous quarter's estimated EPS of -$0.23 for Q4 2023 and -$0.19 for Q3 2023.
- However, GAME has yet to achieve profitability, as evidenced by the negative estimated EPS for Q4 2022 and Q3 2022, with estimates of -$0.33 and -$0.3 respectively.
In summary, GameSquare's Q4 2024 forecast shows a positive trend in revenue compared to past quarters, but the company continues to face challenges in achieving profitability, as indicated by the negative estimated EPS.