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People walk by a GameStop store in Brooklyn on January 28, 2021 in New York City.
Spencer Platt | Getty Images News | Getty Images
Video game retailer GameStop said Wednesday its fiscal second-quarter losses narrowed as sales rose from a year ago.
Shares of the company fell about 2% in extended trading.
For the quarter ended July 31, the company said it posted a loss of $61.6 million, or 85 cents per share, compared with a loss of $111.3 million, or $1.71 per share, a year ago. On an adjusted basis, GameStop lost 76 cents per share.
Sales rose to $1.18 billion from $942 million a year earlier.
According to Refinitiv, analysts were expected the company to post a loss of 67 cents a share on revenue of $1.12 billion.
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This article was originally published by Cnbc.com. Read the original article here.