GoPro turns its first profit since 2017, thanks to the Hero 7

GoPro turns its first profit since 2017, thanks to the Hero 7

5 years ago
Anonymous $Dftgs0JzgE

https://www.theverge.com/2019/2/6/18214446/gopro-earnings-profit-hero-7-holiday-season

A very strong holiday season for GoPro’s newest Hero 7 lineup of cameras has helped the camera maker turn its first quarterly profit since the third quarter of 2017, the company announced on Wednesday. GoPro pulled in $377 million in revenue in the fourth quarter of last year, and it walked away with a $32 million profit.

This marks the second time GoPro has turned a profit since the third quarter of 2015, back before the company’s ill-fated attempt at entering the drone market.

GoPro turns its first profit since 2017, thanks to the Hero 7

Feb 6, 2019, 10:26pm UTC
https://www.theverge.com/2019/2/6/18214446/gopro-earnings-profit-hero-7-holiday-season > A very strong holiday season for GoPro’s newest Hero 7 lineup of cameras has helped the camera maker turn its first quarterly profit since the third quarter of 2017, the company announced on Wednesday. GoPro pulled in $377 million in revenue in the fourth quarter of last year, and it walked away with a $32 million profit. > This marks the second time GoPro has turned a profit since the third quarter of 2015, back before the company’s ill-fated attempt at entering the drone market.