GoPro has taken a huge hit.
The best erotice movieshardware 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."
Microsoft and HarperCollins strike licensing deal to train AI models on nonfiction booksWordle today: The answer and hints for November 22Trump divides the adult content industry. He also might ban it.NYT mini crossword answers for November 22Early Black Friday gaming deals: Consoles, accessories, moreBest Black Friday TV Deal: Save $500 on a Sony 85Apple and other digital payment apps will now be monitored by the governmentOpenAI releases free ChatGPT course for teachersBest Black Friday Kindle deal: Get $20 off the 2024 KindleBest Black Friday Samsung Galaxy S24 Ultra deal: Save 27%Best Black Friday smart device deal: Save $70 on Amazon Echo Show 8What's new to streaming this week? (Nov. 22. 2024)Best 21st birthday gift ideasBlack Friday Sonos deals: Era 300, Ace, Beam at record lowsBest Microsoft deal: Get the Microsoft Surface Pro 11 for 27% offBest Black Friday monitor deal: Save 33% on Dell 4K UHD monitorEspresso machine early Black Friday deals: Get up to 53% offBest Black Friday TV deal: Save $500 on the Hisense 65A24 is selling chocolate now. But what would their movies actually taste like?Those showstopping 'Wicked' cameos: Everything you need to know Byton's flashy dashboard of the future will hit the road in 2019 HTC's new Vive Pro Eye headset features built Hackers leak data stolen from German politicians and celebrities UK and Ireland are now awash with Trump Trump to Apple: Make the iPhone in the U.S., not China Here's how to hold your own Robert Mueller vigil Man expertly sums up how horrible it is to see your crush with someone else Joss Whedon and his celebrity friends want you to vote on election day This edited version of the fire drill scene from 'The Office' will give you chills Airbnb and its critics take to TV as tensions escalate 5 New Year's resolutions that can help the environment in 2019 Google Assistant hits 1 billion devices as war against Alexa heats up Hackers stole over 5 million unencrypted passport numbers from Marriott Netflix delivers a savage Golden Globes burn Zendaya got her wisdom teeth out, and now everyone's sharing chipmunk selfies Apple is bringing iTunes and AirPlay 2 to Samsung TVs How tech companies are committing to helping the global refugee crisis Man perfectly demonstrates how to not act in front of a bear Trump selling 'deplorable' t Watch NFL star Melvin Gordon, Jr. troll his Ravens fan Uber driver
3.4453s , 10194.7734375 kb
Copyright © 2025 Powered by 【best erotice movies】,Inspiration Information Network