GoPro Jumps On Earnings, Bullish Outlook, Acquisition

By | April 28, 2015

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Action camera maker GoPro late Tuesday posted better-than-expected Q1 sales and earnings and announced plans to buy a French company that specializes in 360-degree video technology. GoPro (GPRO) also gave June-quarter guidance that was well ahead of Wall Street’s targets. For Q1, GoPro earned 24 cents a share excluding items, up 140% year over year, on sales of $363 million, up 54%. Analysts polled by Thomson Reuters expected GoPro to earn 18 Scalper1 News

Scalper1 News