GoPro widens first-quarter loss and is evaluating strategic options including a possible sale

Golden Ten Data May 12｜Action camera manufacturer GoPro announced that its first-quarter revenue was $99 million, a year-on-year decrease of 26%. Adjusted net loss per share was $0.35, compared to a loss of $0.12 per share in the same period last year. In addition, the company's board of directors has authorized the launch of a strategic review process, which may include a potential sale or merger.