GameStop reported Q3 results that missed analysts’ estimates as well as a revenue decline after the market close on Wednesday. GameStop said it lost $94.7 million, or 31 cents a share, compared with a loss of $105.4 million, or $1.39 a share, in the prior year’s third quarter. Inventory was $1.131 billion, compared with $1.141 billion at the end of the prior year’s third quarter. The company also ended the quarter with $1.042 billion in cash, cash equivalents, and marketable securities.

GameStop has been working to become profitable and revamp its retail business, after what executives have said were years of underinvestment. In recent months the retailer has changed up leadership and focused on initiatives to further entrench it in the digital world.

Shares of the company rose nearly 3% in off-hours trading Wednesday, after declining 4.8% during the regular session. The company’s market cap is now around $7.1 billion.