BREAKING NEWS
This content is not available in your region

GoPro's quarterly revenue beats estimates

Access to the comments Comments
GoPro's quarterly revenue beats estimates
FILE PHOTO: A GoPro camera is seen in this illustration photo January 9, 2018. REUTERS/Thomas White/Illustration   -   Copyright  THOMAS WHITE(Reuters)
Text size Aa Aa

(Reuters) – Action-camera maker GoPro Inc <GPRO.O> beat analysts’ estimates for third-quarter revenue on Thursday, sending its shares up 10% in after-market trading.

The company’s revenue fell to $131.2 million (£102.36 million) during the quarter, from $285.9 million, a year earlier. Analysts were expecting revenue of $126.4 million, according to IBES data from Refinitiv.

(Reporting by Akanksha Rana in Bengaluru; Editing by Shounak Dasgupta)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.