Gopro Announces 3 Year On Year Unit Growth But Revenue Is Still Down
GoPro’s stock rose after it has announced a 3% year-on-year unit growth in the fiscal first quarter of 2018. The company has gained $202 million in revenue and CEO Nick Woodman is confident that the good news will continue through the second quarter. This is what Woodman had to say about the first quarter financial results: “Our first quarter was driven by strong sell-through of HERO5 Black and HERO6 Black, along with the launch of our new $199 entry-level HERO....