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GoPro's quarterly revenue beats estimates

Credit: REUTERS/THOMAS WHITE

Action-camera maker GoPro Inc beat analysts' estimates for third-quarter revenue on Thursday, sending its shares up 10% in after-market trading.

Nov 7 (Reuters) - Action-camera maker GoPro Inc GPRO.O beat analysts' estimates for third-quarter revenue on Thursday, sending its shares up 10% in after-market trading.

The company's revenue fell to $131.2 million during the quarter, from $285.9 million, a year earlier. Analysts were expecting revenue of $126.4 million, according to IBES data from Refinitiv.

(Reporting by Akanksha Rana in Bengaluru; Editing by Shounak Dasgupta)

((akanksha.rana@thomsonreuters.com; within U.S. +1 646 223 8780, outside U.S. +91 80 6749 1130; Twitter: @AkankshaRanaa;))

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