Despite a challenging quarter, GoPro Inc (GPRO) reports revenue growth and strategic expansions, while addressing product delays and competitive pressures.
GoPro (GPRO) delivered earnings and revenue surprises of 12.50% and 5.61%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Action camera company GoPro (NASDAQ:GPRO) announced better-than-expected results in Q1 CY2024, with revenue down 11% year on year to $155.5 million. It made a non-GAAP loss of $0.21 per share, down from its loss of $0.19 per share in the same quarter last year.