GoPro posted second-quarter revenue of $220.7 million, which was actually above analyst forecasts of $194 million, TechCrunch reports. “But this wasn’t enough to appease some
investors, who are concerned about declining sales,” it writes. “Revenue for the same period last year was $420 million.” More broadly: “Investors have been skeptical of GoPro,
which has seen shares down over 80 percent in the past year.”
Read the whole story at TechCrunch »
