GoPro (GPRO) Misses Q2 EPS by 3c, Revs Beat

GoPro (NASDAQ: GPRO) reported Q2 EPS of ($0.20), $0.03 worse than the analyst estimate of ($0.17). Revenue for the quarter came in at $134 million versus the consensus estimate of $114.27 million.

"Our strategic shift to a more direct-to-consumer business with lower operating costs is working. Camera sell-through during Q2 demonstrates resilient consumer demand for GoPro and an increasing shift to online shopping. We believe GoPro has proven to be a part of global consumers' 'new normal' during the pandemic and we feel well positioned for the remainder of the year," said GoPro founder and CEO, Nicholas Woodman.

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

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