GoPro, Inc. (NASDAQ: GPRO) today reported its second quarter financial results for the period ended June 30, 2021.
GAAP net income for the second quarter was $17 million or $0.10 per share, compared to a GAAP net loss of $51 million or $0.34 per share in the second quarter of 2020.
Revenue increased 86% to $250 million.
“In Q2, strong execution further revealed the benefits of the strategic shifts we’ve made in our business to a more direct-to-consumer, subscription-centric model. We believe the changes to our business will continue to result in a more predictable and profitable GoPro.”
Brian McGee, CFO and COO
Most Popular
Redfin (RDFN) Stock: Here’s a look at the factors to consider before investing
It is estimated that the U.S. real estate industry would expand at a compound annual rate of 7% through 2026, catalyzed by the growing adoption of automation in property management
IPO news: What to look for when Four Springs Capital goes public this week
A slew of companies have lined up for their IPOs this week. Four Springs Capital Trust, a self-managed REIT, is one of them. Here’s what to look for when this
Charles Schwab (SCHW) Q4 revenue up 13%; earnings miss estimates
Financial services company The Charles Schwab Corporation (NYSE: SCHW) on Tuesday reported higher earnings and revenues for the fourth quarter of 2021. However, the numbers missed Wall Street’s forecast, and
