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Stock impact report

Why GoPro, Inc.'s Shares Popped 22% Today [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
GoPro may be finally on a path to profitability. Travis Hoium ( TMFFlushDraw ) Aug 3, 2018 at 3:57PM What happened   Shares of action-camera maker GoPro, Inc. ( NASDAQ:GPRO ) jumped as much as 22% in trading Friday after reporting second-quarter 2018 results. Shares were still up 19.3% at 3:15 p.m. EDT and seemed to be holding.  So what Revenue was down 5%, to $283 million, and net loss on a GAAP basis dropped 22%, to $37.3 million, or $0.27 per share. On a non-GAAP basis, the loss was $20.8 million, or $0.15 per share, better than the $0.22 loss analysts were expecting. Image source: GoPro. The thing investors are getting excited about is CEO Nick Woodman's statement that GoPro will be profitable in the second half of 2018. After years of losses and poor product launches, returning to profitability would be big for the company.  Show less Read more
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