GoPro: Q3 Earnings Snapshot

Associated Press Finance
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SAN MATEO, Calif. (AP) — SAN MATEO, Calif. (AP) — GoPro Inc. (GPRO) on Tuesday reported a loss of $3.7 million in its third quarter.

The San Mateo, California-based company said it had a loss of 2 cents per share. Earnings, adjusted for one-time gains and costs, came to 4 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.

The action video camera maker posted revenue of $294.3 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $281 million.

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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

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