GoPro Announces Second Quarter 2018 Results
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GoPro (GPRO) Tops Q2 EPS by 7c, Revenues Beat
August 2, 2018 4:55 PM EDTGoPro (NASDAQ: GPRO) reported Q2 EPS of ($0.15), $0.07 better than the analyst estimate of ($0.22). Revenue for the quarter came in at $283 million versus the consensus estimate of $270.23 million.
"GoPro is executing," said founder and CEO Nicholas Woodman. "We are on track; sell-through is solid in all regions indicating strong demand, and we believe GoPro will be profitable in the second half of 2018. Our plan is to exit the year with an improved margin profile we believe translates into a profitable 2019."
Recent GoPro Highlights
Revenue for Q2 2018 was $283 million, down 5% year-over-year and up 40%... More