Assassin's Creed Unity delay hurts GameStop's revenue
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GameStop Corp (NYSE:GME), the world's largest retailer of video game products, reported a marginal fall in quarterly revenue, hurt by the delayed release of action game Assassin's Creed Unity.
Net income dropped to $56.4 million, or 50 cents per share, in the third quarter ended Nov. 1, from $68.6 million, or 58 cents per share, a year earlier.
The Grapevine, Texas-based company said total revenue fell to $2.09 billion from $2.11 billion.
(Reporting by Abhirup Roy in Bangalore and and Malathi Nayak in San Francisco; Editing by Sriraj Kalluvila)