GoPro Falls 8% After Reporting Stronger-Than-Expected Q2 Revenue Of $244.6M

By Alex Wilhelm

Wall Street

Today marked GoPro’s first earnings report as a public company. The camera firm traded up more than 3.5% in regular hours before its release. GoPro had roughly doubled from its IPO price of $24 heading into reporting is second quarter financial results.
For the second quarter, GoPro had revenue of $244.6 million, up 38.1% year-over-year, and earnings per share of $0.08 on a non-GAAP basis. Read More

Source: Technology