GoPro revenue up 46 percent on robust demand for cameras

Reuters News
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Posted: Oct 30, 2014 4:21 PM

(Reuters) - GoPro Inc's quarterly revenue jumped 46 percent due to strong demand for its wearable cameras, which are used by surfers, skydivers and other action junkies.

The company reported net income attributable to GoPro shareholders of $14.6 million, or 10 cents per share, in the third quarter ended Sept. 30, compared with a loss of $1.1 million, or 1 cent per share, a year earlier. [ID:nPn8Tn7df]

Revenue rose to $280 million from $192 million a year ago.

(Reporting by Soham Chatterjee in Bangalore; Editing by Saumyadeb Chakrabarty)