GoPro Gives Disappointing Outlook for Sales

GoPro's shares have plunged over 10% in post-market trading after missing fourth-quarter sales estimates by 5.7%. Despite achieving a profit for the first time since 2015, the sales miss has overshadowed this success. Investors had high expectations, with the stock up over 20% year-to-date, but the disappointing guidance for the next quarter has further dampened sentiment. The company's shares have been on a downward trend, reflecting ongoing challenges in reversing sales declines.

What was the percentage drop in GoPro's share price after missing the fourth-quarter sales estimates?

• 10%

• 5%

• 20%

• 15%

By what percentage did GoPro miss its fourth-quarter sales estimates?

• 3.5%

• 4.7%

• 5.7%

• 6.7%

Since when has GoPro not turned a profit until the current quarter?

• August 2017

• August 2015

• August 2014

• August 2016

What was the profit per share GoPro reported in the current quarter?

• $0.49

• $0.19

• $0.29

• $0.39

What is the revenue forecast range for GoPro's next quarter?

• 320 million to 340 million

• 290 million to 310 million

• 300 million to 320 million

• 310 million to 330 million