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Article Date: November 2024
Word Count: 176

GoPro Loss Widens in Q3


Net loss more than doubled to $8,211,000 from a loss of a $3,684,000 on revenue that was down 12% to $258,898,000 from $294,299,000 for the third quarter ending Sep. 30. Most regions lagged, with the Americas shrinking 17% to $109.3 million, EMEA up 1% to $84.4 million, while APAC was down 18% to $65.2 million. The retail (wholesale) channel posted $207.9 million in sales, declining 10%. DTC sales at GoPro.com contracted 19% to $51.0 million as hardware sales ... Log in to view full article.

 


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