GoPro Announces Fourth Quarter and 2023 Results
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GoPro (GPRO) tumbles as Q4 revenue falls 8% year-on-year
February 8, 2024 7:50 AM ESTGoPro (NASDAQ: GPRO) shares plunged more than 13% Thursday after the company reported its latest quarterly earnings after the previous session's close, with revenue missing consensus estimates.
The action camera company reported fourth-quarter earnings per share of $0.02, in line with the analyst estimate of $0.02. However, revenue for the quarter came in at $295.42 million, down 8% year-on-year and well below the consensus estimate of $326.13 million.
The company said that its subscription... More
