UPDATE: GoPro (GPRO) Reports Q2 Loss of $0.52/Share
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(Updated - July 27, 2016 4:11 PM EDT)
GoPro (NASDAQ: GPRO) reported Q2 EPS of ($0.52), versus a loss of $0.59 per share expected. Revenue for the quarter came in at $220.8 million
Business Outlook
GoPro is providing the following guidance:
- Revenue between $1.35 billion and $1.5 billion for 2016
- GAAP and non-GAAP gross margin of 40% +/- 1% for the second half of 2016
- GAAP and non-GAAP net income profitable for the fourth quarter of 2016
For earnings history and earnings-related data on GoPro (GPRO) click here.
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