Wednesday 10 February 2016

Struggling GoPro Falls 10% On Earnings Miss; Announces New CFO

nick_woodman-gopro Sales of action camera maker GoPro fell short of Wall Street expectations on Wednesday, with the company reporting a loss of 8 cents per share, whereas analysts were predicting an average of 0 cents.  Fourth quarter revenue also fell short, coming in at $437 million, but investors had been forecasting $496 million. This is also down 31% from the $634 million in the same period the year… Read More

No comments:

Post a Comment