GoPro's New Products Are Too Much, Too Late

GoPro's New Products Are Too Much, Too Late

Action-camera maker GoPro (NASDAQ: GPRO) has been on the ropes for quite a while now, and investors have been hoping that the company can set up a turnaround on the backs of new products that may reinvigorate top-line growth. Revenue did grow 34% in the second quarter, but overall sales have been fairly choppy over the years and highly sensitive to new product launches.

GPRO Revenue (Quarterly) data by YCharts.

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Source: Fool.com