GoPro Inc missed its forecast for holiday-quarter revenue this week as it struggles to drive demand for its flagship action cameras. Revenue fell 38.1 percent to $334.8 million in the fourth quarter ended Dec. 31. Net loss narrowed to $55.8 million or 41 cents per share from $115.7 million or 82 cents per share, a year earlier. The company in January pre-announced its fourth quarter results and estimated revenue of $340 million. It also announced plans to exit its Karma drone business.
Don't forget to subscribe to our YouTube Channel: click here
Also Watch: Smartron t.phone P Review