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Light Guidance Overshadows GoPro's Return to Profitability


Light Guidance Overshadows GoPro's Return to Profitability

GoPro (NASDAQ: GPRO) released impressive third-quarter 2017 results on Nov. 1 after the market closed, including stronger-than-expected revenue growth and a surprise return to GAAP profitablity. But the action-camera and drone specialist also issued seemingly conservative guidance for its crucial holiday quarter.

Let's adjust our focus, then, to get a better look at how GoPro kicked off the second half, as well as what investors should expect from the company in the coming months.

GoPro's new HERO6 Black camera. Image source: GoPro.

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Source: Fool.com

GoPro Inc. A Stock

€1.61
7.600%
A very strong showing by GoPro Inc. A today, with an increase of €0.11 (7.600%) compared to yesterday's price.
Our community is currently low on GoPro Inc. A with 4 Buy predictions and 13 Sell predictions.
A potential of -37.89%, resulting from comparing the current price of 1.61 € with the target price of 1 € for GoPro Inc. A, shows the chance of incurring significant losses.
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