GoPro (GPRO) Plunges Over 20% as Trading Resumes
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GoPro Announces Third Quarter 2016 Results
November 3, 2016 4:15 PM EDTSAN MATEO, Calif., Nov. 3, 2016 /PRNewswire/ -- GoPro, Inc. (NASDAQ: GPRO) announced financial results for its third quarter ended September 30, 2016.
"These are the best products we've ever made and consumer demand is strong. GoPro is now a seamless storytelling experience and we're very happy with customer reception so far," said Nicholas Woodman, GoPro's Founder and CEO. "Looking forward to 2017, we expect to return to profitability, driven by the strength of our new products, double digit revenue growth and annual operating expenses of approximately $650 million."
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