GoPro Launched the “Best GoPro Ever,” but the Risk of Bankruptcy Remains, as CEO Says the Company Is in the “Later Stages” of Looking for a Buyer
5 Articles
5 Articles
GoPro launched the “best GoPro ever,” but the risk of bankruptcy remains, as CEO says the company is in the “later stages” of looking for a buyer
The new GoPro Mission 1 Pro has been described as "the best GoPro ever" – but the company’s latest financials hint the launch hasn’t yet been enough to bolster the struggling camera company. GoPro’s August 10 filings and financial updates indicate that the action camera giant’s “substantial doubt about the Company’s ability to continue…has not been alleviated.”The update comes amid GoPro’s latest financial report, with a 38 percent drop in camer…
Available for a few months, we spent a few weeks with GoPro's brand new Mission 1 Pro, Verdict.
GoPro's CEO Lent the Company $20M, NASDAQ Threatened Delisting, and More
Action camera maker GoPro is going through a rough patch right now, and it's not clear exactly where it's headed. CEO Nicholas Woodman just lent it millions, and it just got a Nasdaq delisting warning.
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