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.