GoPro (NASDAQ: GPRO) reported first-quarter 2021 financial results before the regular trading hours on Thursday. The pioneer of action cameras reported Q1 revenue of $204 million, up 71% and above the Wall Street consensus. Meanwhile, the company reported a surprise profit of $0.03 per share, even as analysts were expecting a breakeven.
GPRO shares shot up over 5% immediately following the announcement. The stock has gained 27% since the beginning of this year.
