The Traderszone Network

Published in TZ Latest News 1 November, 2017 by The TZ Newswire Staff

Light Guidance Overshadows GoPro’s Return to Profitability

GoPro (NASDAQ: GPRO) released impressive third-quarter 2017 results on Nov. 1 after the market closed, including stronger-than-expected revenue growth and a surprise return to GAAP profitablity. But the action-camera and drone specialist also issued seemingly conservative guidance for its crucial holiday quarter.

Let’s adjust our focus, then, to get a better look at how GoPro kicked off the second half, as well as what investors should expect from the company in the coming months.

GoPro’s new HERO6 Black camera. Image source: GoPro.

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