Tag Archives: GoPro’s

GoPro’s Sales Resume Growth, but Still Miss Expectations

GoPro Inc’s revenue increased less than expected in the holiday quarter and its sales growth forecast for the current-quarter also fell short of expectations, hurt by shrinking demand for the company’s body-mounted point-of-view cameras. GoPro also forecast a steep sequential drop in gross margins for the current quarter, sending the company’s shares tumbling nearly 14 percent in extended trading on Thursday. ... Read More »