GOPRO SALES UP 34% YOY; POSITIONED FOR FUTURE GROWTH IN VR, DRONE SALES & MOBILE VIDEO EDITING SOFTWARE

GoPro (GPRO) shares soared with news that the company grew 34% YOY, generating $297 million in Q2 2017. While shares have fallen 40% over the past year amid a series of delays, recalls and general poor software quality, CEO Nick Woodman is pleased with the company’s growth across all markets internationally. GPRO appears to be well positioned for future growth as well, with a growing virtual reality market, high-end drone business and mobile video editing app (usage up 112% YOY).

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GoPro shares surge 20% after earnings: ‘We still have significant room to grow,’ CEO says

Fan Marino: Even if I were an outdoorsman (I’m more like an indoorsman), what do you do with all that raw footage?

Author: John Wall Street

At the intersection of sports & finance.

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