Struggling GoPro Falls Short On Earnings; Announces New CFO

Struggling GoPro Falls Short On Earnings; Announces New CFO

By Katie Roof

nick_woodman-gopro

Sales of action camera maker GoPro fell short of Wall Street expectations on Wednesday, with the company reporting a loss of 8 cents per share, whereas analysts were predicting an average of 0 cents. Fourth quarter revenue also fell short, coming in at $437 million, but investors had been forecasting $496 million. The company previously reduced expectations when it announced disappointing… Read More

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Source:: TechCrunch Gadgets

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