GoPro (GPRO) Tops Q1 EPS by 1c

GoPro (NASDAQ: GPRO) reported Q1 EPS of ($0.34), $0.01 better than the analyst estimate of ($0.35). Revenue for the quarter came in at $119 million versus the consensus estimate of $119 million.

"While our business slowed due to COVID-19, consumers have continued to purchase GoPro cameras at substantial levels during the pandemic, and since early April we've seen sell-through trend in a positive direction," said Brian McGee, GoPro CFO and COO. "Operationally we are performing well during a difficult period and we are extremely proud of our team's dedication. We expect our shift to a more consumer-direct model allows us to succeed both during the pandemic and in the long-term."

For earnings history and earnings-related data on GoPro (GPRO) click here.

You May Also Be Interested In

• EU proposes to curb Airbnb and short-term rentals amid housing shortage
• GoPro (GPRO) call put ratio 3.1 calls to 1 put on 159K contracts amid wide price movement
• Lynx Equity sees Micron and SanDisk breakout as volatility normalizes