GameStop ($GME@US) posted its first quarterly profit in two years despite a decline in sales, an inventory backlog, and cash flow issues. Earnings per share were 16 cents compared to a loss of 49 cents in the same period a year ago. The video game retailer’s profit was $48.2 million compared to a loss of $147.5 million a year ago. Sales came in at $5.93 billion, declining from $6.01 billion in fiscal 2021. The company saw increased revenues in collectibles, which is part of the retailer’s long-term growth strategy. Shares of the company were up more than 45 percent during after-hours trading.