After reporting poor fourth-quarter earnings, the camera company saw its stock sink by about 10%,
on
Thursday. “The company reported $540 million in fourth-quarter revenue, with a net income loss of $.082 a share,” TechCrunch reports. “That’s under what analysts
expected.” Meanwhile, “The company didn’t fare much better in yearly reporting either, netting just $1.185 million in 2016, down 26.8 percent from 2015.”
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