Best Buy Co., Inc. (NYSE: BBY) has reported mixed results for the first quarter of Fiscal 2023 (ended April 30, 2022). Its earnings came in line with the consensus estimate, while revenues exceeded the same by 2.4%. Shares of this $16.5-billion consumer electronics company rose 1.2% to close at $73.47 on Tuesday. Also, the shares gained an additional 0.4% in the extended trading session. Financial and Operational Highlights In the quarter, Best Buy reported non-GAAP earnings of $1.57 per share, in line with the consensus estimate. The bottom line was down 29.6% from the year-ago tally of $2.
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