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Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 1.73 USD | +1.17% |
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+1.76% | -50.14% |
| Apr. 05 | GoPro Sues China's Insta360 For Patent Infringement | MT |
| Mar. 26 | GoPro to Reduce Global Workforce by 4% | MT |
(Reuters) - GoPro Inc missed its forecast for holiday-quarter revenue on Thursday as it struggles to drive demand for its flagship action cameras.
Revenue fell 38.1 percent to $334.8 million (234.80 million pounds) in the fourth quarter ended Dec. 31.
Net loss narrowed to $55.8 million or 41 cents per share from $115.7 million or 82 cents per share, a year earlier.
The company in January pre-announced its fourth quarter results and estimated revenue of $340 million. It also announced plans to exit its Karma drone business.
(Reporting by Laharee Chatterjee in Bengaluru)
| 1st Jan change | Capi. | |
|---|---|---|
| -50.14% | 260M | |
| -23.87% | 8.99B | |
| +15.15% | 3.66B | |
| +0.95% | 1.48B | |
| -24.38% | 1.22B | |
| -34.88% | 1.16B | |
| +58.52% | 1B | |
| -27.37% | 945M | |
| +16.47% | 885M | |
| +19.55% | 836M |
GOPRO, INC. 
