May 10, 2016

GoPro’s Post IPO Performance

   May 10, 2016

GoPro’s Post IPO Performance

GoPro's_sales_and_income_since_its_IPO_Revenue_Income_TMMChart.png

Trader’s remarks: Battered wearable camera maker GoPro recently posted sales that plunged about 50% from the prior-year period. GoPro is looking to the upcoming release of its drone camera as a possible catalyst for growth release of which has been pushed back several times. The delay, along with a terrible revenue decline, highlights the uphill battle that GoPro faces as it attempts to grow its sales and income again.

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