Around the Net

GoPro Fortunes In Freefall

  • Mashable, Friday, November 4, 2016 12:28 PM
Year-over-year, GoPro’s income cratered by 330% in the third quarter. “In total, the company lost $84 million in the past three months, which is almost twice as much as analysts predicted,” Mashable reports. “It seems like the devices are just not selling as much as they used to,” it notes. “Sales for the quarter totaled $241 million, a 40 percent decline compared to the same time last year -- and again failing to meet expectations.”

Read the whole story at Mashable »

Next story loading loading..