GoPro: Q2 Earnings Snapshot
SAN MATEO, Calif. (AP) — SAN MATEO, Calif. (AP) — GoPro Inc. (GPRO) on Thursday reported a loss of $17.2 million in its second quarter.
On a per-share basis, the San Mateo, California-based company said it had a loss of 11 cents. Losses, adjusted for one-time gains and costs, were 7 cents per share.
The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for a loss of 7 cents per share.
The action video camera maker posted revenue of $241 million in the period, beating Street forecasts. Four analysts surveyed by Zacks expected $220.9 million.
_____
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
