GoPro Archive

Up the mountain with GoPro

“Demand for GoPro is better than it’s ever been,” Nick Woodman explained to a rapt audience at GoPro’s mountain press conference yesterday. “Demand is kicking tail,” he said as the crowd cheered loudly. That’s how it went pretty much all day. Enthusiastic uniformed GoPro employees as far as the eye can see, beginning with a morning press conference that featured the enthusiastic C-level executive dropping …

GoPro sales beat investor expectations but still in steep decline

Action-camera maker GoPro reported second quarter earnings after the bell on Wednesday. Shares quickly rose 10% in after-hours trading, but then were down 3% as investors dug through the earnings release. And then they were back up at about 3%.   The company posted revenue of $220.7 million, above analyst forecasts of $194 million. Adjusted earnings per share was negative 52 cents, when Wall Street was …