Article F1B5 GoPro profits zoom past expectations with help from Asian markets

GoPro profits zoom past expectations with help from Asian markets

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Reuters
from Technology | The Guardian on (#F1B5)
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Camera maker gets lift from China, Japan and South Korea as it bolsters its offerings and reports a net income of $35m

Action camera maker GoPro Inc has reported better than expected quarterly profit and revenue, helped by strong sales in markets outside North America. GoPro, whose helmet- and body-mounted cameras are popular with surfers, skydivers and other adventure sports enthusiasts, has benefited from a focus on markets such as China, Japan and South Korea. The company earns more than half of its revenue from markets outside the United States.

"China is now a top 10 revenue-generating country for GoPro," the company said in a statement on Tuesday.

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