Categories AlphaGraphs, Earnings, Technology
Infographic: Highlights of GoPro’s (GPRO) Q3 2020 earnings report
Shares of GoPro Inc. (NASDAQ: GPRO) gained during Thursday’s extended trading session after the company reported stronger-than-expected earnings for the third quarter of 2020.
Total revenue more than doubled annually to $280.5 million during the three-month period and surpassed the estimates. As a result, the action camera maker turned to a profit of $0.20 per share in the third quarter, on an adjusted basis, from a loss of $0.42 per share in the same period of last year.
On an unadjusted basis, the company reported a net income of $3.3 million or $0.02 per share, compared to a loss of $74.8 million, or $0.51 per share in the prior-year period.
Read management/analysts’ comments on GoPro’s Q3 earnings
GoPro’s shares gained on Thursday evening, following the earnings announcement, after closing the regular session higher.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Infographic: Nvidia (NVDA) Q4 revenue up 61%; earnings beat
Nvidia Corporation (NASDAQ: NVDA) Wednesday said its fourth-quarter revenues and profit increased in double-digits amid elevated demand. The results also topped the Street view, driving the stock higher during the
Nutanix (NTNX) Earnings: 2Q21 Key Numbers
Nutanix (NASDAQ: NTNX) reported second quarter 2021 earnings results today. Total revenue remained flat at $346.4 million compared to the same period a year ago. GAAP net loss was $287.3
Macy’s (M) expects digital channels to generate approx. $10 billion in sales by 2023
Shares of Macy’s Inc. (NYSE: M) were down 2.7% in morning trade on Wednesday. The stock has gained 37% since the beginning of the year. A day ago, the retailer
