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February 3, 2016 09:54 pm GMT
Sales of action camera maker GoPro fell short of Wall Street expectations on Wednesday, with the company reporting a loss of 8 cents per share, whereas analysts were predicting an average of 0 cents.Fourth quarter revenue also fell short, coming in at $437 million, but investors had been forecasting $496 million. This is also down 31% from the $634 million in the same period the year… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/8py1TmKsDlQ/
Struggling GoPro Falls 10% On Earnings Miss; Announces New CFO
Sales of action camera maker GoPro fell short of Wall Street expectations on Wednesday, with the company reporting a loss of 8 cents per share, whereas analysts were predicting an average of 0 cents.Fourth quarter revenue also fell short, coming in at $437 million, but investors had been forecasting $496 million. This is also down 31% from the $634 million in the same period the year… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/8py1TmKsDlQ/
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