GoPro (GPRO) Reports In-Line Q1 EPS, Beats on Revenue; Guides Q2 Revenue Above Consensus

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Go back to GoPro (GPRO) Reports In-Line Q1 EPS, Beats on Revenue; Guides Q2 Revenue Above Consensus

Stifel Remains Sidelined on GoPro (GPRO) Following 1Q Beat

April 28, 2017 9:39 AM EDT

Stifel reiterated a Hold rating and $9.00 price target on GoPro (NASDAQ: GPRO) following the company's 1Q earnings report. Reported 1Q revenue and adjusted EBITDA of $218.6mn and -$45.7mn topped consensus estimates of $208mn and -$61mn respectively.

2Q guidance calls for $260mn... More