Financial reporting

GoPro captures momentum with entry-level cameras; reports Q2 loss

By 2023-08-04T05:59:00

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New market strategies began to take hold in Q2 as revenues for the period clicked 9.5 percent higher, above expectations, to $241 million. Nonetheless, GoPro reported an operating loss of $22.5 million against an operating profit of $4.7 million for the period ended June 30. Gross margin came in at ...

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