Advertisement
UK markets closed
  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     
  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     
  • AIM

    755.28
    +2.16 (+0.29%)
     
  • GBP/EUR

    1.1681
    +0.0024 (+0.21%)
     
  • GBP/USD

    1.2493
    -0.0018 (-0.14%)
     
  • Bitcoin GBP

    51,216.29
    -568.75 (-1.10%)
     
  • CMC Crypto 200

    1,332.03
    -64.50 (-4.63%)
     
  • S&P 500

    5,108.45
    +60.03 (+1.19%)
     
  • DOW

    38,310.59
    +224.79 (+0.59%)
     
  • CRUDE OIL

    83.87
    +0.30 (+0.36%)
     
  • GOLD FUTURES

    2,351.50
    +9.00 (+0.38%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     
  • DAX

    18,161.01
    +243.73 (+1.36%)
     
  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     

When Will GoPro Report Profitability?

When Will GoPro Report Profitability?

GoPro’s (GPRO) revenue fell 7.5% YoY (year-over-year) in the first quarter to $202.3 million. GoPro managed to reduce its operating expenses by 28.5% to offset its declining sales, but it still reported an operating loss of $44.5 million in the first quarter. GoPro’s net income was -$47.4 million in the first quarter, and it saw non-GAAP (generally accepted accounting principles) EPS of -$0.34.