GoPro is reducing its workforce by about 270 employees, the company announced today, citing an effort to reduce operating costs by about $200 million for 2017. The new cuts include current employees ...
Last year featured big revenue declines, significant losses, and a major product failure. 2017 should be better -- if only because it can't get any worse. GoPro reported a 31.1% year-over-year decline ...
“I was up jammin’ ’til 3 a.m. last night,” GoPro founder and CEO Nick Woodman says by way of apology, as he arrives half an hour late for a recent interview at the company’s headquarters in San Mateo, ...
GoPro’s awful 2016 can finally be put in terms of dollars. The company just released its fourth quarter earnings, and it turns out the camera-maker operated at a loss of $373 million for the year.
GoPro just had another disastrous quarter. The wearable camera maker missed Wall Street estimates by a mile on both its top and bottom line during the third quarter. Shares were halted until 4:45pm on ...
Another bad quarter doesn’t spell good news for GoPro’s ambitious media plans: The action camera maker missed its own forecast for the third quarter, generating only $240 million in revenue for the ...
Wearable action-camera maker GoPro said on Wednesday it would cut about 15 percent of its workforce and shutter its entertainment business, as the one-time Wall Street favorite cuts costs to help it ...
GoPro is slashing 15 percent of its workforce and shuttering its entertainment division as it scrambles to stem losses. The action-camera maker said Wednesday that 200 of its 1,700 workers will leave ...
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. GoPro on Thursday reported first-quarter sales that were better than expected but a loss that was more ...
LOS ANGELES - As if GoPro didn't enough problems. The company, which has seen its stock slide and sales tumble, is recalling the 2,500 units sold of the new Karma drone, which was introduced just a ...
[UPDATE: see my companion articles on the GoPro Hero6 Black and GoPro Fusion.] The latest GoPro cameras hit the stores earlier this month and the two new models making up the ‘Hero5’ family have ...
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