GoPro's quarterly revenue beats estimates

(Reuters) - Action-camera maker GoPro Inc beat analysts' estimates for third-quarter revenue on Thursday, sending its shares up 10% in after-market trading. The company's revenue fell to $131.2 million (£102.36 million) during the quarter, from $285.9 million, a year earlier

Reuters November 08, 2019 03:06:40 IST
GoPro's quarterly revenue beats estimates

GoPros quarterly revenue beats estimates

(Reuters) - Action-camera maker GoPro Inc beat analysts' estimates for third-quarter revenue on Thursday, sending its shares up 10% in after-market trading.

The company's revenue fell to $131.2 million (£102.36 million) during the quarter, from $285.9 million, a year earlier. Analysts were expecting revenue of $126.4 million, according to IBES data from Refinitiv.

(Reporting by Akanksha Rana in Bengaluru; Editing by Shounak Dasgupta)

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