GoPro Returns to Profitability, Will Launch New Camera Form Factor in 2018
GoPro announced its first profitable quarter of the past in two years. After a series of commercial failures and employee layoffs, the action camera manufacturer might be on the path to recovery thanks to the newly launched HERO6. "GoPro has turned a corner, restoring growth and profitability to our business," said CEO Nicholas Woodman. In a call to investors, he also revealed that his company will launch a new camera next year.