(Reuters) - GoPro Inc forecast current-quarter revenue well below analysts' estimates on weak demand for its wearable cameras and the company named Brian McGee as its new chief financial officer. GoPro said McGee, who joined the company from Qualcomm Inc in 2015, would succeed Jack Lazar as CFO on March 11. The camera maker's shares fell 10 percent in extended trading on Wednesday. Demand for GoPro's helmet- and body-mounted cameras has been declining as rivals such as China's Xiaomi offer cheaper products and smartphone cameras turn increasingly advanced. "...We recognize the need to develop software solutions that make it easier for our customers to offload, access and edit their GoPro content," Chief Executive Nicholas Woodman said in a statement. GoPro forecast revenue of $160 million to $180 million for the first quarter ending March. Analysts on average were expecting $298 million, according to Thomson Reuters I/B/E/S. The company's revenue fell 31 percent to $436.6 million in the fourth quarter ended Dec. 31, missing the average analyst estimate of $496.1 million. GoPro, which had already released its quarterly numbers last month, reported an adjusted loss of 8 cents per share. Analysts had expected the company to break even on a per-share basis. The company's shares were trading at $9.72 after the bell. Up to Wednesday's close, the stock had fallen more than 80 percent in the past 12 months. (Reporting by Abhirup Roy in Bengaluru; Editing by Kirti Pandey)
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting
- The Daily Beast
via TwitterA man and woman in New York have been both fired and arrested for verbally assaulting a family on a train in an incident that police have determined to be a hate crime.The Daily Voice reported that Justin Likerman and Kristin Digesaro, of Long Island, turned themselves in on Wednesday. They have been charged with aggravated harassment and endangering the welfare of a child. New York’s Metropolitan Transit Authority said the charges were brought in conjunction with the Manhattan Distri
Dakota Johnson made an appearance on 'The Late Late Show' last night, wearing a red Magda Butrym mini dress so short that Johnson was a little worried. James Corden noticed and offered his jacket to Johnson on camera in a slightly awkward exchange.
“WHAT THE HELL,” tweeted a viewer just a few days ago after having just checked out the Mother/Android movie — one of Netflix’s biggest films right now. “This movie destroyed me … still crying.” This film, a sci-fi thriller starring Chloë Grace Moretz as a soon-to-be mother and Algee Smith as her boyfriend, is currently … The post This new Netflix thriller is so disturbing, viewers are warning each other about it appeared first on BGR.
The decision blocking Trump's use of executive privilege in the Capitol riot investigation is also a "nail in the coffin" for the two former aides, said Neal Katyal.
A man says he lives in one of New York City's smallest apartments for $950 a month. Take a look inside the 100-square-foot space.
"In New York, you're always out and about, so the city is kind of your living room," Ron Ervin told Insider of the tiny apartment in Harlem.
- Miami Herald
Is it the movie theater? The gym? Researchers calculated the odds of infection for any place you might go.
When Kim Kardashian became famous, she ushered in an era of highly curated and airbrushed photos — and she even influenced makeup trends with a heavily contoured face. But what we should be celebrating is how gorgeous she looks without all of the editing. The SKIMS founder was spotted in longtime friend Allison Statter’s birthday […]
- NBC Sports
San Francisco 49ers vs Green Bay Packers: Weather forecast for Saturday night’s Divisional Round game
The 2022 NFL Playoffs continue this weekend with just eight teams left in the Divisional Round. First, on Saturday afternoon, the Cincinnati Bengals take on the Tennesee Titans (4:30 p.m. ET) then at 8:15 p.m. it’s the San Francisco 49ers vs Green Bay Packers at Lambeau Field. See below for the full 2022 NFL Divisional
Chinese woman told by Lowe's customer to go back to her country is scolded by store employee for filming
A Lowe’s in Illinois has come under fire after a Chinese woman and Springfield resident claims another customer told her to go back to her country. Xuna Hu says she was shopping for two fire pits when the other customer tried to get Hu to hand over one of the pits, leading up to the alleged racist encounter at a Lowe’s branch on Wabash Avenue on Jan. 17. "I was like alright, I’ll just give you one then,” Hu told WICS Channel 20.
- Lexington Herald-Leader
Linda Blackford: Sometimes gaffes have a way of stating the truth and they confirm many people’s suspicions about who is worthy of our democracy and who is not.
Family of US Marine killed in Afghanistan files $25 million lawsuit against Alec Baldwin, claiming the actor accused them of being insurrectionists on Instagram
The family of the slain US Marine Rylee McCollum alleged in the lawsuit that Baldwin caused them "emotional distress" with his Instagram post.
- The Courier Journal
When asked about concerns among voters of color, Senate Minority Leader Mitch McConnell implied African Americans are not Americans.
The Sussexes wanted to move to Windsor Castle after getting married and were denied by the Queen.
- The Commercial Appeal
Sen. Katrina Robinson had asked for a delay until her attorney could be present, given sentencing is pending in her federal criminal case.
‘Your great-great-great-grandchildren will still be getting immunized against coronavirus’: This Mayo Clinic doctor says it’s too late to eradicate COVID-19
Will coronavirus be eradicated? 'No, it will not,' says Dr. Gregory Poland, who studies the immunogenetics of vaccine response at the Mayo Clinic.
- The Wrap
Who else will join Laura Spencer graveside?
- The Daily Beast
Fox NewsWhite House Press Secretary Jen Psaki marked the one-year anniversary of President Joe Biden’s inauguration on Thursday by walking into the lion’s den. For the first time in her role as Biden’s top flack, she appeared on a Fox News weekday show.Those expecting a knock-down, drag-out fight between the spokesperson and Fox anchors, however, would have been left largely disappointed. In the end, the 13-minute interview was a mostly friendly affair that ended with light questioning and well-
- NBC Sports BayArea
Tom Brady will never let it go.
A New York City artist says Jeffrey Epstein and Ghislaine Maxwell shopped her around to men at Mar-a-Lago. Other victims saw her as one of their enablers.
Rina Oh thought Jeffrey Epstein was going to be her art patron. Two decades later, she's coming to terms with being among his victims.
- Footwear News
Jenner played in the snow in a black bikini and Miu Miu faux fur boots.