GoPro actually had a good quarter and the stock is spiking 15%


GoPro is flying high and mighty after releasing its 2017 second-quarter earnings. The camera company took in $297 million in revenue equaling a non-GAAP loss of 9 cents per share. This was way above Wall Street’s expectations, as the general consensus was that GoPro would report revenue of $269 million with a loss of 25 cents per share.

That’s growth any way you slice it, and equals a 34 percent year-over-year growth in revenue.

GoPro’s stock is now up nearly 15 percent on the news, trading after hours around $9.30. This is the highest the stock has traded since February, which is when it tanked 10 percent after missing Q4 2016 earning expectations.

Of course, there’s still a long way for the company to go if it wants to make investors happy again. GoPro once traded at…

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