GoPro has taken a huge hit.
The sex videos on tumblrhardware manufacturer behind those nifty cameras and more recently high-flying drones took a steep tumble Thursday following a huge miss in third-quarter earnings.
SEE ALSO: The best thing about the new GoPros isn't the cameras — it's the softwareShares were down by more than 21 percent in after-hours trading. The company even chose to halt trading on the NASDAQ until 4:45 p.m. ET — a clear indication that the company knew how bad things had gotten.
Investors agreed.
GoPro's income had dropped by 330 percent this quarter compared to the prior year. In total, the company lost $84 million in the past three months, which is almost twice as much as analysts predicted.
This Tweet is currently unavailable. It might be loading or has been removed.
It seems like the devices are just not selling as much as they used to. Sales for the quarter totaled $241 million, a 40 percent decline compared to the same time last year — and again failing to meet expectations.
This Tweet is currently unavailable. It might be loading or has been removed.
With the poor quarter, GoPro also issued guidance that was weaker than analysts' expected.
And yet, Nick Woodman, founder and CEO of GoPro, issued confidence.
"These are the best products we've ever made and consumer demand is strong. GoPro is now a seamless storytelling experience and we're very happy with customer reception so far," he said in a statement.
The inability to grow revenue and income is a repetitive story for GoPro
This Tweet is currently unavailable. It might be loading or has been removed.
In addition to striking a positive tone, Woodman claimed that the company was in a good place because its problem resided in not being able to make enough products.
Customer demand, he said, remains high, especially for the recently-released Hero 5 action cameras and foldable Karma drone. The sales for these products, which were released in October, were not included in this quarter's report.
This Tweet is currently unavailable. It might be loading or has been removed.
The report is the second recent blow to the wearables market. Fitbit also released less-than-ideal earnings that send its stock dropped by more than 33 percent and CNBC analyst Jim Cramer squawking that the company is "done."
An Abridged History of London’s Tower MenageriePigeons Can (Kind of) Learn to ReadThe Prescience of Aldous HuxleyOn Barbara Comyns’s “Our Spoons Came from Woolworths”Staff Picks: Samuel Beckett, Michael Chabon, Brian EnoIn with the Old Philosophers, out with the NewOmelets, Jams, Enemas, and Other Ways to Get It UpHaving Trouble Sleeping? Read This.Luc Sante: I Was Somebody ElseStairs to Nowhere: Thomas Heatherwick’s “Vessel”An Artist Is Stuck on This Bankrupt Container ShipChris Bachelder’s ‘The Throwback Special’ Nominated for National Book AwardOn Barbara Comyns’s “Our Spoons Came from Woolworths”Revisited: Jean Rhys, ‘Wide Sargasso Sea’Dipping Into the Nieve and Innen Zine LibraryThomas Mann’s Los Angeles Home Is in JeopardyTruly Trending: An Interview about IntensifiersOn Barbara Comyns’s “Our Spoons Came from Woolworths”Was Mary Shelley’s “Frankenstein” Inspired by Algae?Netanyahu’s Ready for More Puzzling? Recap of Canto 14 of Dante’s “Inferno” Illustrated author portmanteaux of the two Move Over, Big Town by Sadie Stein A Look at Vintage Ladybird Books Twitter's rebrand to X has its website looking like a mess Lysley Tenorio’s Window on the World Happy Birthday, Isaac Asimov (Maybe), and Other News by Sadie Stein The Morning Roundup for January 16, 2014 Our New Year’s Resolution: Spend More Time with the Kids by Dan Piepenbring 'Barbie': Where to buy Ken's 'I am Kenough' sweatshirt The Last Call Killer: Everything you need to know Siri Hates Her, and Other News Apple releases iOS 16.6 with a bunch of security fixes The Morning Roundup for January 21, 2014 Netflix is hiring an AI manager for up to $900K amid ongoing strikes FIFA Women's World Cup 2023 gets support from tech and social media giants The people have spoken: 'Vaxed and waxed' is the summer 2021 motto The Morning Roundup for January 17, 2014 Franzen on Kraus: Footnote 89 by Jonathan Franzen An interview with Daniel Menaker, author of the memoir “My Mistake”
2.4035s , 10520.3515625 kb
Copyright © 2025 Powered by 【sex videos on tumblr】,New Knowledge Information Network