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Stock impact report

GoPro Frames Its Return to Profitability [The Motley Fool]

GoPro, Inc. - Class A (GPRO) 
Last gopro, inc. - class a earnings: 2/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.gopro.com
Company Research Source: The Motley Fool
Shares of the action-camera specialist popped hard after its latest quarterly beat. Here's why. GoPro, Inc. ( NASDAQ:GPRO ) announced stronger-than-expected second-quarter 2018 results on Thursday after the market closed, detailing encouraging sell-through, continued progress on inventory management, and an impending return to profitability. With shares up 17.7% Friday, let's have a closer look at what GoPro had to say. IMAGE SOURCE: GOPRO. GoPro's results: The raw numbers Metric Q2 2018 Q2 2017 Year-Over-Year Growth Revenue $282.7 million $296.5 million (4.7%) GAAP net income (loss) ($37.3 million) ($30.5 million) N/A GAAP earnings (loss) per share ($0.27) ($0.22) N/A DATA SOURCE: GOPRO. GAAP = generally accepted accounting principles. What happened with GoPro this quarter? Revenue arrived above the high end of GoPro's latest guidance, provided in May , Show less Read more
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