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Revenue and Profits Come in Better Than Expected for GoPro

July 16, 2023
in Trade Tube
Reading Time: 1 min read
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Action Camera Maker GoPro (GPRO) boosted first quarter revenue by more than 50%, thanks to a rush of international sales that accounted for more than half of the company’s sales. The company had a particularly successful holiday retail season that produced record revenue and profits. Meanwhile, Panera Bread (PNRA) said its first quarter profit fell 25%, as expenses grew from the company’s plans to refranchise up to 150 cafes and invest in its stores. Results missed Wall Street expectations. American Airlines (AAL) grounded several planes due to an iPad glitch. The error was with the digital maps used by the pilots in the cockpit.

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