GoPro files to go public

Posted May 19, 2014

Portable camera company GoPro has filed for an IPO. GoPro is profitable and generated $362 million in profits for 2013. GoPro hit $986 million in 2013 revenue, which is up from $526 million in 2012 and $234 million in 2011.

There was a bit of fluctuation between revenues for every quarter. For example, GoPro saw $236 million in Q1 2014 and $255 million in Q1 2013.

The fluctuation was due to production problems.
[Source: BI / SEC]