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July 27, 2016 08:16 pm GMT
Action-camera maker GoPro reported second quarter earnings after the bell on Wednesday. Shares quickly rose 10 percent in after-hours trading, but then were down 3 percent as investors dug through the earnings release. And then they were back upabout 3 percent. The company posted revenue of $220.7 million, above analyst forecasts of$194 million. Adjusted earnings per share was negative… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/J1JDIFvIBzk/
GoPro sales beat investor expectations but are still in steep decline
Action-camera maker GoPro reported second quarter earnings after the bell on Wednesday. Shares quickly rose 10 percent in after-hours trading, but then were down 3 percent as investors dug through the earnings release. And then they were back upabout 3 percent. The company posted revenue of $220.7 million, above analyst forecasts of$194 million. Adjusted earnings per share was negative… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/J1JDIFvIBzk/
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