GoPro (GPRO) Ramps Into Earnings After the Close
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Poor New Product Sales Negatively Effect GoPro's (GPRO) 3Q Revenue; Northland Capital Markets Cuts Price Target to $39
October 29, 2015 10:38 AM EDTNorthland Capital Markets maintained an Outperform rating on GoPro (NASDAQ: GPRO), and cut the price target to $39.00 (from $80.00), following the company's 3Q earnings results. GPRO reported non-GAAP earnings of $0.25, $0.04 below guidance of $0.29-$0.32. Revenue was negatively impacted by weak sales of GPROs new... More
Oppenheimer Remains Sidelined Following a Rough 3Q for GoPro (GPRO)
October 29, 2015 9:32 AM EDTOppenheimer maintained a Perform rating on GoPro (NASDAQ: GPRO) following the company's 3Q earnings results and guidance. GPRO guided 4Q sales at $500-550M vs. consensus of $675M, and EPS at $0.35-0.45. GPRO also announced a $300M share repurchase program and more aggressive marketing... More
GoPro (GPRO) Surging Inventory is 'Concerning' - Piper Jaffray
October 28, 2015 4:59 PM EDTPiper Jaffray analyst Erinn Murphy offered some initial thoughts on GoPro (NASDAQ: GPRO) following the company's miss on the top and bottom line. The analyst highlighted surging inventory, which she said is concerning.
"Overall inventory was concerning up 147% Y/Y... More
Investors Pull the Plug on GoPro (GPRO) After Brutal Miss
October 28, 2015 4:17 PM EDTGoPro (NASDAQ: GPRO) is getting crushed to the tune of 17% after-hours after missing on the top and bottom line in the third quarter and guiding lower for the fourth... More
