GoPro (GPRO) Tops Q2 EPS by 16c; Guides Above Views

GoPro (NASDAQ: GPRO) reported Q2 EPS of ($0.09), $0.16 better than the analyst estimate of ($0.25). Revenue for the quarter came in at $297 million versus the consensus estimate of $269.56 million.

"Strong demand combined with our cost management and margin initiatives contributed to GoPro's EBITDA positive performance in the second quarter. HERO6 and Fusion, our 5.2K spherical camera, are on course to launch later this year and we continue to track toward our goal of full-year, non-GAAP profitability in 2017."

GUIDANCE:

GoPro sees Q3 2017 EPS of ($0.06)-$0.05, versus the consensus of ($0.12). GoPro sees Q3 2017 revenue of $290-310 million, versus the consensus of $278.54 million.

For earnings history and earnings-related data on GoPro (GPRO) click here.

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