GoPro: Becoming More Than Just A Products Company

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About: GoPro, Inc. (GPRO)
by: Jeffrey Himelson
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Jeffrey Himelson
Long/short equity, value, contrarian, research analyst
Summary

GoPro announced earnings on Thursday after the bell.

The company had a blowout quarter, handily beating estimates on both the top and bottom lines.

I remain bullish on GPRO and suggest that readers continue to hold their shares, as there is more upside ahead.

GoPro (GPRO) announced earnings on Thursday and blew away analyst estimates. On the top line, GPRO reported revenue growth of 34.3% y/y, with $296.53 million, beating estimates by $26.97 million. On the bottom