GoPro has reported its Q3 2017 financial results, detailing revenue that highlights a return to profitability. The company has undergone extensive business restructuring over past months in an effort to reverse its fortunes while decreasing non-GAAP expenses. According to its latest quarterly results, GoPro saw a 37% year-on-year revenue increase, raking in $47 million in cash with a 40% gross margin. GoPro achieved both GAAP and non-GAAP profitability during its third fiscal quarter, with compa...
GoPro has reported its Q3 2017 financial results, detailing revenue that highlights a return to profitability. The company has undergone extensive business restructuring over past months in an effort to reverse its fortunes while decreasing non-GAAP expenses. According to its latest quarterly results, GoPro saw a 37% year-on-year revenue increase, raking in $47 million in cash with a 40% gross margin. GoPro achieved both GAAP and non-GAAP profitability during its third fiscal quarter, with compa...
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