GoPro stock wipes out on Q3 miss, weak Q4 outlook

By | October 29, 2015

Scalper1 News

GoPro (GPRO) investors watched the stock go low on Thursday, crashing a day after the company posted disappointing Q3 results and offered weak guidance for holiday sales. GoPro late Wednesday said it earned 25 cents a share excluding items, up 108% year over year but missing Wall Street’s target of 29 cents. Sales rose 43% to $400.3 million, but analysts were modeling $433.6 million. For Q4, GoPro guided to revenue of $500 million to $550 million, Scalper1 News

Scalper1 News