GoPro's (GPRO) Q4 Earnings & Revenues Miss Estimates
GoPro(GPRO) Zacks Investment Research·2024-02-08 23:31
GoPro, Inc. (GPRO) reported fourth-quarter 2023 non-GAAP earnings of 2 cents per share, which missed the Zacks Consensus Estimate by 33.3%. The company reported earnings of 12 cents in the year-ago quarter.GoPro generated revenues of $295.4 million, down 8% year over year. The top line also missed the consensus mark by 9.7%.GPRO added that consumers were looking for discounts irrespective of already low prices in the holiday season. This led to lower-than-expected sell-through of its HERO10 Black product (p ...