SAN MATEO, Calif., Sept. 7, 2017 /PRNewswire/ -- GoPro, Inc,
(NASDAQ: GPRO) today announced revenue and gross margin for the
third quarter of 2017 are both expected to be at the high end of
their previously announced respective ranges of between
$290-$310 million and 36-38
percent. GoPro also forecasts the third quarter to be
profitable on a non-GAAP basis, though not profitable on a GAAP
basis.
"Consumer demand for GoPro products is strong," said GoPro Chief
Operating Officer CJ Prober. "Channel inventories have been reduced
and we're incredibly excited about the upcoming launch of two great
new products, HERO6 and our 5.2K spherical camera, Fusion."
CJ Prober and Chief Financial Officer Brian McGee are scheduled to present at
2:10pm EDT today at the Citi Global
Technology Conference in New York City. A live webcast of
that presentation can be heard
here: https://www.veracast.com/webcasts/citigroup/technology2017/35209364888.cfm
About GoPro, Inc. (NASDAQ: GPRO)
GoPro makes it easy for people to celebrate and share
experiences. We believe life is more meaningful when shared.
We build cameras, software and accessories that help the world
share itself in immersive and exciting ways.
GoPro, HERO, Karma, Quik, QuikStories and their respective logos
are trademarks or registered trademarks of GoPro,
Inc. in the United States and other countries. All
other trademarks are the property of their respective owners.
For more information, visit www.gopro.com or connect
with GoPro on Facebook, Instagram, LinkedIn, Pinterest, Twitter, YouTube,
and GoPro's The Inside Line.
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SOURCE GoPro, Inc.