GoPro’s stock sinks 7% despite Q3 results beat

GoPro’s (GPRO) shares tumbled over 7% in after-market hours on Thursday despite the company reporting better-than-expected results on revenue and earnings for the third quarter of 2018. Total revenues fell 13% year-over-year to $286 million, but surpassed analysts’ estimates of $271.9 million. Revenues grew 1% sequentially. On a GAAP basis, the company reported a net … Continue reading GoPro’s stock sinks 7% despite Q3 results beat