GoPro's Earning Woes May Mean Job Cuts This Year
Preliminary financial results show GoPro is struggling, and a major downsize could be on the way.By Katie Link | January 13, 2016
GoPro was hoping for a holiday boost, but that may not have happened. The company expects revenue to be around $435 million for the last quarter of 2015. That's a far reach from the $511 million some experts predicted GoPro would bring in. (Video via GoPro)
And this isn't the first time the tech company has missed the mark. Third-quarter sales brought in about $33 million less than what experts predicted.