$GPRO (GoPro Inc) surged 22.7% recently, reaching $2.00 per share after reporting strong Q2 results. The company posted $153M in revenue, surpassing market expectations, while gross margins improved to 36% from 30.7% last year. Operational costs were cut by 32%, reflecting the success of efficiency initiatives.
Looking ahead, GoPro expects Q3 revenue of $160M with a non-GAAP gross margin of 35.5% and plans to launch new products like the Max 2 360 camera.
This rebound highlights GoPro’s recovery, operational efficiency, and renewed product portfolio—making it a stock to watch.... Show More
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