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The Holidays Have Come And Gone, As Have GoPro's Hopes Of A Seasonal Boost
Friday, February 3, 2017 - 12:31pm | 286Holiday season 2016 has come and gone, and GoPro Inc (NASDAQ: GPRO) shareholders must stomach another disappointing earnings report and huge market selloff. GoPro shares were down nearly 10 percent in pre-market trading after the company missed its Q4 revenue number and reported much lower-than-...
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The GoPro 'Show Me' Story Continues
Friday, February 3, 2017 - 10:30am | 316GoPro Inc (NASDAQ: GPRO) reported another quarterly miss and announced disappointing guidance. While 2016 was expected to be a turnaround year, now 2017 seems to be “another rebuilding year” and the company continues to be a “show me story,” Barclays’ Joseph Wolf said...
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Can GoPro Sustain Strong Holiday Sales Into 2017 After Karma Recall?
Tuesday, January 17, 2017 - 12:42pm | 303Baird prefers to remain sidelined on GoPro Inc (NASDAQ: GPRO), as it believes the recent Karma recall raises concerns over the sustainability of strong holiday sales levels into 2017. In September, GoPro released the highly anticipated Karma drone along with the HERO5 cameras. But, the product was...
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GoPro Cuts Staff, Sees Strong Demand
Wednesday, November 30, 2016 - 9:51am | 299GoPro Inc (NASDAQ: GPRO) issued a press release on Wednesday announcing solid camera unit sales growth during the week of Black Friday, indicating restructuring efforts to trim costs and projecting strong holiday demand in the United States for its new HERO5 cameras. Camera Unit Sales Growth GoPro...
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Analyst's Take On Ambarella Amid GoPro, Drone Checks: Cautious, But Remaining Overweight
Tuesday, November 29, 2016 - 2:21pm | 357Pacific Crest analyst Brad Erickson believes there is near-term risk to the Street estimates for Ambarella Inc (NASDAQ: AMBA), driven by its customer GoPro Inc (NASDAQ: GPRO) and, to a lesser degree, drones. Erickson noted that his checks in the United States revealed relatively in-line GoPro'...