GoPro is crashing after reporting earnings that missed expectations by a mile (GPRO)
GoPro shares plunged 22% in after-hours trading on Thursday after the company reported quarterly earnings results that were worse than analysts had expected.
The shares fell after a trading halt requested before the earnings announcement.
The maker of action cameras said its net income dropped 330% from last year and swayed to a loss of $84 million, or -$0.60 per share. Analysts had forecast a $0.36 loss according to Bloomberg.
GoPro's sales totaled $241 million, down 40% year-on-
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