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Digital Camera World
Digital Camera World
Hillary K. Grigonis

GoPro launched the “best GoPro ever,” but the risk of bankruptcy remains, as CEO says the company is in the “later stages” of looking for a buyer

GoPro Mission 1 Pro in hand grip.

The new GoPro Mission 1 Pro has been described as "the best GoPro ever" – but the company’s latest financials hint the launch hasn’t yet been enough to bolster the struggling camera company. GoPro’s August 10 filings and financial updates indicate that the action camera giant’s “substantial doubt about the Company’s ability to continue…has not been alleviated.”

The update comes amid GoPro’s latest financial report, with a 38 percent drop in camera sales and a 31 percent drop in revenue compared to the same time last year.

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