In This Article:
GoPro (NASDAQ:GPRO) Third Quarter 2024 Results
Key Financial Results
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Revenue: US$258.9m (down 12% from 3Q 2023).
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Net loss: US$8.21m (loss widened by 123% from 3Q 2023).
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US$0.053 loss per share (further deteriorated from US$0.024 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
GoPro Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 38%.
Looking ahead, revenue is expected to decline by 1.9% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in the US are expected to grow by 5.8%.
Performance of the American Consumer Durables industry.
The company's shares are up 15% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 1 warning sign for GoPro you should know about.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.