GoPro (GPRO) Reports Break-Even Earnings for Q3
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GoPro (GPRO) reported break-even earnings for Q3, surpassing the Zacks Consensus Estimate of a $0.04 loss. This is a decrease from last year's $0.04 earnings per share.
November 08, 2024 | 12:00 am
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GoPro reported break-even earnings for Q3, exceeding expectations of a $0.04 loss, but down from $0.04 EPS last year.
GoPro's break-even earnings exceeded the expected loss, which is a positive surprise for investors. However, the earnings are lower compared to last year, which may temper enthusiasm. Overall, the news is likely to have a positive short-term impact on the stock price due to the earnings beat.
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