(Before It's News)
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