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Benzinga
Benzinga
Business
Henry Khederian

Why GoPro Shares Are Falling

GoPro Inc (NASDAQ:GPRO) shares are trading lower by 18.63% at $7.12 after the company reported worse-than-expected first-quarter sales results.

GoPro reported quarterly earnings of 9 cents per share which beat the analyst consensus estimate of 6 cents. The company also reported quarterly sales of $216.71 million which missed the analyst consensus estimate of $217.10 million.

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