SCMP Reports GoPro Goes Epic in Q3

WEST PALM BEACH, Fla. - Nov. 3, 2014 - PRLog -- GoPro is riding a wave of Q3 earnings, just like its cameras on xtreme adventures.The action sports cameras are on the forefront of internet sensations and you tube posts world wide.With the holdays approaching Q4 earnings are expected to continue on the rising trend. Sales have climbed 46 percent to $280 million dollars. Ambarella, the company that supplies the chips for the cameras were up 5 percent as well. The content on You Tube is up 92 percent on a year-toyaer basis. The company has also recently launched a new line of cameras. Starting with an entry level cameara at $129.00 all the way up to $499.00. Since GoPro went public the stock has gone from $24 in june, all the way up to $98.47 on the seventh of October. In Q4, if the projected EPS of 67 cents holds true, the 55 percent sales gains would be its second straight quarter of strong movment. The cameras are popular with skateboarders, surfers, skiers, mountain bikers, motocross riders, base jumpers, and most any outdoor extreme sp[ort imaginable.