GoPro reveals unit growth in Q1 2018, but revenues are still down

GoPro has announced its fiscal first quarter 2018 financial results, revealing 3% year-on-year unit growth with $202 million in revenue. The figures exceeded analysts' expectations, sending GoPro's stock upward on the news, and company CEO Nick Woodman expects a similar positive outcome in the company's second quarter. According to Woodman, HERO5 Black and HERO6 Black sell-through drove the company's Q1 revenue, as well as the newly launched $200 GoPro HERO action camera. "Initial demand for HER...