GameStop continues to struggle in face of digital downloads: cuts jobs, misses earnings estimates [TechSpot]

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GameStop posted $1.79 billion in revenue for the fourth quarter, short of the expected $2.05 billion and lower than the $2.23 billion the company earned in the same quarter a year earlier. Its adjusted EPS of $0.22 per share also missed the expected gains of $0.30 per share.

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