GoPro (GPRO) Misses Q3 EPS by 24c; Issues Light Guidance

GoPro (NASDAQ: GPRO) reported Q3 EPS of ($0.60), $0.24 worse than the analyst estimate of ($0.36). Revenue for the quarter came in at $240.57 million versus the consensus estimate of $315.89 million.

GUIDANCE:

GoPro sees Q4 2016 EPS of $0.25-$0.35, versus the consensus of $0.46. GoPro sees Q4 2016 revenue of $600-650 million, versus the consensus of $675.5 million.

GoPro sees FY2016 revenue of $1.25-1.30 billion, versus the consensus of $1.39 billion.

GoPro sees FY2017 revenue of $735 million, versus the consensus of $1.71 billion.

For earnings history and earnings-related data on GoPro (GPRO) click here.

You May Also Be Interested In

• Westinghouse said to seek over $50 billion valuation in planned IPO
• UBS cuts KOSPI target by nearly 10% to reflect higher rates
• Element Solutions (ESI) PT Lowered to $47 at UBS, Buy Rating Maintained