November 7, 2019 / 9:09 PM / 10 days ago

GoPro's quarterly revenue beats estimates

Nov 7 (Reuters) - Action-camera maker GoPro Inc beat analysts’ estimates for third-quarter revenue on Thursday, sending its shares up 10% in after-market trading.

The company’s revenue fell to $131.2 million during the quarter, from $285.9 million, a year earlier. Analysts were expecting revenue of $126.4 million, according to IBES data from Refinitiv. (Reporting by Akanksha Rana in Bengaluru; Editing by Shounak Dasgupta)

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