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.