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Struggling GoPro Falls Short On Earnings; Announces New CFO

Wednesday, February 3, 2016 15:03
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(Before It's News)

nick_woodman-gopro Sales of action camera maker GoPro fell short of Wall Street expectations on Wednesday, with the company reporting a loss of 8 cents per share, whereas analysts were predicting an average of 0 cents. Fourth quarter revenue also fell short, coming in at $437 million, but investors had been forecasting $496 million. The company previously reduced expectations when it announced disappointing… Read More



Source: http://techcrunch.com/2016/02/03/struggling-gopro-falls-short-on-earnings-announces-new-cfo/?ncid=rss

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