GoPro Sees FY23 Revenue $1B-$1.06B Vs $1.1B Est
Portfolio Pulse from Benzinga Newsdesk
GoPro has projected its FY23 revenue to be between $1B and $1.06B, which is lower than the estimated $1.1B.
August 04, 2023 | 2:46 pm
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NEGATIVE IMPACT
GoPro's lower than expected FY23 revenue forecast may negatively impact its stock price.
GoPro's projected revenue for FY23 is lower than the estimated $1.1B. This shortfall in revenue projection could lead to a negative sentiment among investors, potentially causing a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100