GoPro’s stock up 5% on earnings, revenue beats

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Jon Swartz is a senior reporter for MarketWatch in San Francisco, covering many of the biggest players in tech, including Netflix, Facebook and Google. Jon has covered technology for more than 20 years, and previously worked for Barron's and USA Today. Follow him on Twitter @jswartz.

Shares of GoPro Inc.

advanced 6% in extended trading Tuesday after the company reported quarterly results that topped analyst revenue and earnings estimates. GoPro posted a fiscal first-quarter net loss of $3.7 million, or 2 cents a share, compared with net income of $18 million, or 10 cents a share, in the year-ago quarter. Adjusted earnings were 4 cents a share. Revenue was $294.3 million, down 3.5% from $305.1 million a year ago.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Disney earnings: What to expect when the Magic Kingdom reportsJon Swartz is a senior reporter for MarketWatch in San Francisco, covering many of the biggest players in tech, including Netflix, Facebook and Google. Jon has covered technology for more than 20 years, and previously worked for Barron's and USA Today. Follow him on Twitter jswartz.
Source: MarketWatch - 🏆 3. / 97 Read more »

Former Facebook employee testifies company failed to act on teen harassmentJon Swartz is a senior reporter for MarketWatch in San Francisco, covering many of the biggest players in tech, including Netflix, Facebook and Google. Jon has covered technology for more than 20 years, and previously worked for Barron's and USA Today. Follow him on Twitter jswartz.
Source: MarketWatch - 🏆 3. / 97 Read more »