Advertisement
Canada markets closed
  • S&P/TSX

    21,708.44
    +52.39 (+0.24%)
     
  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     
  • DOW

    37,775.38
    +22.07 (+0.06%)
     
  • CAD/USD

    0.7257
    -0.0006 (-0.08%)
     
  • CRUDE OIL

    84.40
    +1.67 (+2.02%)
     
  • Bitcoin CAD

    85,501.09
    +778.30 (+0.92%)
     
  • CMC Crypto 200

    1,294.82
    +409.28 (+46.21%)
     
  • GOLD FUTURES

    2,406.60
    +8.60 (+0.36%)
     
  • RUSSELL 2000

    1,942.96
    -4.99 (-0.26%)
     
  • 10-Yr Bond

    4.6470
    +0.0620 (+1.35%)
     
  • NASDAQ futures

    17,393.50
    -153.75 (-0.88%)
     
  • VOLATILITY

    18.00
    -0.21 (-1.15%)
     
  • FTSE

    7,877.05
    +29.06 (+0.37%)
     
  • NIKKEI 225

    37,254.01
    -825.69 (-2.17%)
     
  • CAD/EUR

    0.6822
    +0.0001 (+0.01%)
     

GoPro Is Expected to Post a Revenue Fall in 2018

GoPro Is Expected to Post a Revenue Fall in 2018

In the table above, however, we can see that GoPro’s revenue rose 37% YoY (year-over-year) to $329.8 million in 3Q17, 23.2% YoY to $220.8 million in 2Q17, and 19.1% YoY to $218.6 million in 1Q17. This indicates a YoY rise of 1.8% in 2017, or revenue of $1.21 billion, for GoPro. Analysts, however, expect GoPro’s revenue to fall 8.6% YoY to $199.8 million in 1Q18 and 4.4% YoY to $1.15 billion in 2018.