GoPro Shares Crushed After Earnings
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REUTERS/Benoit Tessier
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The wearable camera company reported quarterly earnings of $0.08, better than expectations for $0.07.
Revenue for the quarter totaled $244.6 million, better than expectations for $238.1 million.
In after hours trade following the results, shares of GoPro were down 10%.
As of Thursday's close, GoPro shares had nearly doubled since pricing at $24 ahead of their initial public offering.
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