GoPro Inc announces lowered revenue expectations and job cuts

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GoPro Inc announces lowered revenue expectations and job cuts
ciupa / Pixabay

On Thursday shares of GoPro dropped more than 15% during market hours after the company announced disappointing sales and job cuts. Fourth quarter revenue will fall roughly $75 million short of expectations according to a company statement released Wednesday. The company also said that it plans to release about 7% of its staff. GPRO stock is currently trading near its all-time low around the $12 per share level, a stark contrast to its 52-week high of $65 per share.

The following visualizations   highlight the current day and two ear performance of GoPro stock, as well as the company’s quarterly revenue projections and annual headcount and growth rate.
GPRO Stock Price – Current Day

 

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Data curated by FindTheCompany

GPRO Stock Price – 2 Years

 

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Data curated by FindTheCompany

GPRO  Quarterly Revenue Projections

 

Data curated by FindTheCompany

 

Data curated by FindTheCompany

GoPro Inc. (GPRO) Annual Headcount & Growth Rate

 

Data curated by FindTheCompany

 

Data curated by FindTheCompany

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