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GoPro: 3Q Earnings Snapshot

SAN MATEO, Calif. (AP) _ GoPro Inc. (GPRO) on Thursday reported a loss of $74.8 million in its third quarter.

On a per-share basis, the San Mateo, California-based company said it had a loss of 51 cents. Losses, adjusted for one-time gains and costs, came to 42 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 48 cents per share.

The action video camera maker posted revenue of $131.2 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $125.3 million.

In the final minutes of trading on Thursday, the company's shares hit $4.45. A year ago, they were trading at $5.75.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GPRO at https://www.zacks.com/ap/GPRO