GoPro (GPRO) Q2 Loss Narrower Than Expected, Revenues Beat

GoPro, Inc (GPRO) reported a second-quarter 2024 non-GAAP loss of 24 cents per share, narrower than the Zacks Consensus Estimate of a loss of 25 cents. The company incurred a loss of 5 cents per share in the year-ago quarter.GPRO generated revenues of $186 million, down 23% year over year. The figure exceeded the company’s guidance of$ 170 million (+/- $5 million). The top line beat the consensus mark by 9.2%.Higher demand for the HERO12 Black camera in Europe and North America cushioned the top-line perfor ...