GoPro shares jump after 'crushing' Black Friday and Cyber Monday sales
record Black Friday and Cyber Monday sales, which were boosted by new cameras.
"We're very happy with how each of our products are selling-through so far this holiday," GoPro founder and CEO Nick Woodman said in a release. "We believe the surge in demand we're seeing positions us well for full-year profitability in 2019 and continued revenue and earnings growth in 2020.These strong sales show that customers are responding well to the company's most recent camera innovations, which have boosted sales over the last two months.
"Both products appear to be unquestionable hits with consumers and we're optimistic about their impact on our business going forward," Woodman said in the company's earnings report.
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