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GoPro has modest year-over-year revenue growth in second quarter

August 4, 2022

GoPro Inc. second-quarter revenue grew slightly year-over-year, while the sport camera brand reported a 65% jump in subscribers during the period.

Revenue for the quarter ending June 30 was up 0.4% to $251 million, compared with $250 million at the same time last year. Net income for the quarter was down 51%, from $9.5 million to $4.7 million. Earnings per share dropped 80%, from $0.10 to $0.02. Bicycle Retailer