After months of financial troubles, GoPro's restructuring efforts have begun to pay off. The company showed notable growth during its second fiscal quarter 2017, including a 34% year-on-year increase in revenue and a 39% drop in quarter-on-quarter inventory levels. The company is still aiming to reach non-GAAP full year profitability this year, a goal that banks heavily on the successful launches of both the Fusion VR camera and HERO6 action camera later this year. According to the numbers, GoPr...
After months of financial troubles, GoPro's restructuring efforts have begun to pay off. The company showed notable growth during its second fiscal quarter 2017, including a 34% year-on-year increase in revenue and a 39% drop in quarter-on-quarter inventory levels. The company is still aiming to reach non-GAAP full year profitability this year, a goal that banks heavily on the successful launches of both the Fusion VR camera and HERO6 action camera later this year. According to the numbers, GoPr...
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