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GoPro Can Go In Many Directions Beyond Action-Captured Device, JMP Securities Senior Analyst Says
Wednesday, April 29, 2015 - 3:02pm | 368GoPro Inc (NASDAQ: GPRO) posted better-than-expected first-quarter results on Tuesday. EPS for the quarter came in at $0.24 on revenue of $363.1 million, versus analyst estimates of $0.18 and $341.1 million, respectively. Alex Gauna, JMP Securities senior analyst, was on CNBC following the...
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GoPro's International Story Is 'Kicking In'
Wednesday, April 29, 2015 - 8:17am | 383In a report published Wednesday, Barclays analyst Joseph Wolf said that it is "hard to find much fault" in GoPro Inc (NASDAQ: GPRO)'s first quarter print as units shipped rose 58 percent year-over-year, driving a revenue beat. Wolf said GoPro's gross margin of 45.2 percent was...
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Raymond James Upgrades GoPro, Says Kolor 'Impressed'
Wednesday, April 29, 2015 - 8:01am | 219In a report published Wednesday, analyst Tavis C McCourt of Raymond James upgraded GoPro Inc (NASDAQ: GPRO) from Market Perform to Outperform. The price target is set to $63. The upgrade follows the company's strong Q1 results and the acquisition of software company, Kolor. GoPro reported 1Q15...
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GoPro Buys VR Startup Kolor
Tuesday, April 28, 2015 - 5:20pm | 184GoPro Inc (NASDAQ: GPRO) announced Tuesday the acquisition of Kolor, a virtual reality and spherical media company. According to GoPro, Kolor’s solutions enable users to combine multiple photographs or videos to produce high-resolution panoramic or spherical content that can be used on...