The action camera manufacturer GoPro has presented its balance sheet for the past quarter and the past financial year.
GoPro ended the fourth quarter of 2023 with earnings of $0.02 per share. In the same quarter last year, the company generated EPS of $0.12; analysts’ estimates for the most recent quarter were for earnings of $0.023 per share.
In terms of sales, GoPro achieved a value of 295.42 million US dollars in the final quarter of the year. The experts had expected an average of $326.1 million here, after the action camera manufacturer had sales of $321.0 million in the same period last year.
For the full year 2023, the tech company’s sales amounted to $1 billion – after $1.09 billion in the previous fiscal year. Analysts had expected annual sales of $1.02 billion for GoPro. Loss per share for the full year was $0.2. On average, experts had expected a loss of $0.193 per share. In the previous fiscal year, a profit of $0.47 per share was achieved.
On the NASDAQ, GoPro shares were temporarily 11.93 percent lower at $2.55.
Editorial team finanzen.net
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