Better margins and reduced SG&A narrowed GPRO’s second quarter net loss to just $11,287,000 from a loss of $37,269,000 last year on a 3% increase in revenue to $292,429,000 from $282,677,000. Excluding the discontinued drone business, sales were up 9% and Plus subscriptions were up over 50%. Units shipped were up 1% to 1.1 million and ASP increased 2% to $270. Gross margin expanded 550 basis points to 34.9% and SG&A was down $5.8 million in dollars, leveraging with the higher ... Log in to view full article.