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

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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.

 

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