Financial reporting

GoPro swings to Q1 profit as DTC sales boost revenues

By Frank Prenesti 2022-05-06T13:53:00

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Action camera maker GoPro swung to a surprise first-quarter profit, boosted by strong revenues from its DTC channel, subscription services and increased prices. Total revenue was up 6 percent to $217 million, with DTC contributing $89 million, a rise of 8 percent for the channel. Subscribers grew 85 percent to ...

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