News |GoPro surges back to profitability in Q3 2017

GoPro surges back to profitability in Q3 2017

GoPro Hero 6 Black What about the audio?
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GoPro has returned to profitability in Q3 2017, posting a 37% increase in revenue over the same period last year.

GoPro pulled in $47 million in Q3 following a major restructuring of its business during the period, while also launching the highly anticipated GoPro Hero6 Black and GoPro Fusion.

While the company’s sales have increased 22%, a large part of the growth is down to the restructuring, which saw the company drastically cut its overheads.

Last year at this time GoPro reported a GAAP net loss of $104 million.

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