GameStop (GME) reported its second quarter results after the market close on Tuesday. Net income was $14.8 million, with earnings per share of $0.04 and adjusted earnings per share of $0.01. During the same period last year, GameStop posted a loss of $2.8 million.

Net revenues fell from a year ago, $798 million versus $1.164 billion in 2023.

The retailer also revealed that it has $4.2 billion worth of cash, cash equivalents, and marketable securities.

Market Domination Overtime anchors Julie Hyman and Josh Lipton break down the meme stock's results.

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This post was written by Stephanie Mikulich.