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GoPro points to increased costs as it reports deeper losses in financial results

06 Aug

Despite the ubiquity of GoPro’s diminutive ‘action cam’ video solutions, the company has reported a loss of $ 19.8 million for the second quarter following an additional loss of $ 5.1 million from the year prior. GoPro first went public in June of this year, and while shares have dropped a whopping 11-15% following the financial results, everything is not necessarily doom and gloom for the company. Read more

Articles: Digital Photography Review (dpreview.com)

 
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