GoPro Beats Estimates on Robust Demand for Cameras

By Reuters

GoPro founder and CEO Nick Woodman, center, celebrates the company's Nasdaq IPO in June.

Reuters / Mike Segar

GoPro reported better-than-expected quarterly profit and revenue, driven by strong demand for its wearable cameras, which are used by surfers, skydivers and other action junkies.

The company’s shares rose more than 10 percent in after-hours trading.

Videos taken using GoPro cameras, which can be mounted on gear such as …read more

Source:: Recode

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