- GoPro Inc GPRO reports a Q3 net loss of $(0.60) per share, missing the Street’s consensus by $0.26 per share.
- Revenue of $240.57 million, down 39.9 percent year-over-year, also comes in $72.16 million below expectations.
- Management guided for Q4 revenue of $600 million to $650 million, below consensus of $675.5 million.
- EPS are expected in the $0.25 to $0.35 range, also under expectations for $0.46.
- For the full year, management envisions revenue of $1.25 billion to $1.3 billion, versus estimates of $1.39 billion.
- Shares are trading down 22 percent at $9.67 in Thursday’s after-hours session.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
