Revenue Up, Operating Costs Down in FY 2024 for GameSquare
Gaming and esports company GameSquare Holdings (NASDAQ:GAME) announced fiscal year 2024 results for the 12-month period that ended on Dec. 31, 2024, showing positive growth in revenue, gross profits, and significantly lowered operating expenses. While the company posted a loss in FY 2024, it was significantly smaller than in FY 2023, showing that–through a combination of cost cutting measures, a divestment of FaZe Media (while retaining ownership of the FaZe brand for operating esports teams), and revenue from its various...