Thursday, August 3, 2017

GoPro actually had a good quarter and the stock is spiking 15%

GoPro is flying high and mighty after releasing its 2017 second-quarter earnings. The camera company took in $297 million in revenue equaling a non-GAAP loss of 9 cents per share. This was way above Wall Street’s expectations, as the general consensus was that GoPro would report revenue of $269 million with a loss of 25 cents per share. That’s growth any way you slice it, and equals a 34 percent

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