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GoPro Stock Can't Be Trusted; Heading To Zero Eventually - Seeking Alpha

silveredition gopro hero3
Photo by PabloAsekas on Flickr

GoPro shares suffered a steep >20% decline after reporting Q3 results.

Despite a top-line beat to Wall Street's estimates, driven in large part by a better-than-expected launch of the HERO7, GoPro sank on margin concerns.

Pro forma gross margins dipped to just 33.2% this quarter, down seven points from the year-ago quarter and missing analysts' consensus estimates by one...

via seekingalpha.com

GoPro stock logs worst day on record amid concerns about holiday discounting - MarketWatch

gopro gopro3
Photo by talksrealfast on Flickr

GoPro projected revenue of $360 million to $380 million for the quarter, whereas analysts surveyed by FactSet had been expecting sales of $392 million, as of the end of October. The company had previously forecast $380 million to $400 million in revenue.

See more: GoPro shares slump after revenue and earnings beat

Shares ended down 24% on Friday, marking...

via www.marketwatch.com

What the Tech: Don't wait to buy these gadgets - KFDX

Photo by HitnRunTony on Flickr

WICHITA FALLS (KFDX/KJTL) - We're just 2 and a half weeks until Black Friday which actually starts on Thursday at most stores.

Target, Best Buy and Walmart and other stores open at 5 p.m. Thanksgiving afternoon. If you know what's on your shopping list, you may be waiting on Black Friday or Cyber Monday sales, but you don't want to wait too long on some tech gadgets.


via www.texomashomepage.com

GoPro Teases, But Results And Outlook Disappoint - Seeking Alpha

blackfriday consumertechnology retailanalyst
Photo by IntelFreePress on Flickr

GoPro reported a 3Q18 all-around beat, but both unit sales and ASP are back in contraction mode.

I was further discouraged to see a sharp drop in gross margins, and believe that rosy expectations for 2019 are speculative.

I don't find it prudent to make bets on a successful turnaround story that, in my view, seems far from likely at this moment.

Source: DM Martins... via seekingalpha.com

GoPro Inc. Reiterates Its Guidance Despite a Strong Third Quarter - Motley Fool

camera mount 3dprinting hotshoe
Photo by Pete Prodoehl on Flickr
announced better-than-expected third-quarter 2018 results on Thursday after the market closed, highlighting a positive consumer response to its new HERO7 cameras and encouraging growth from its subscription services.

But thanks in part to its relative outperformance in Q3, management also offered underwhelming guidance for the impending holiday season.

So with shares down more than...

via www.fool.com

Latest News


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