August 2, 2018 / 8:15 PM / 2 months ago

GoPro quarterly revenue slips 5 pct

Aug 2 (Reuters) - GoPro Inc reported a 4.7 percent drop in quarterly revenue on Thursday, as the action-camera maker struggled to boost demand for its flagship HERO cameras.

The company reported a bigger net loss of $37.3 million, or 27 cents per share, in the second-quarter ended June 30, from a loss of $30.5 million, or 22 cents per share, a year earlier.

Revenue fell to $282.7 million from $296.5 million.

Reporting by Sonam Rai in Bengaluru; Editing by Sriraj Kalluvila

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