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GPRO / GoPro earnings top estimates, but executives warn of headwinds

GoPro earnings top estimates, but executives warn of headwinds
Shares of GoPro Inc. GPRO, +1.48% were headed slightly higher in after-hours trading Thursday after the maker of action cameras topped expectations with its second-quarter results but acknowledged that inflation and foreign exchange could weigh on performance in the back half of the year. The company logged net income of $3 million, or 2 cents a share, whereas it posted net income of $17 million, or 10 cents a share, in the year-earlier quarter. Read More
Posted: Aug 4 2022, 17:14
Author Name: Market Watch
Views: 092089

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