GoPro expected to fall after disappointing quarterly results – 02/08/2024 at 2:45 p.m.


(AOF) – Gopro is expected to fall sharply in pre-market on Wall Street after announcing fourth-quarter revenue below expectations, at $295.42 million, down 8% year-on-year. The specialist in leisure electronics specifies that its adjusted net profit per share stands at $0.02 compared to $0.12 a year earlier. “Our growth strategy has led to a significant increase in sales across retail channels in the fourth quarter and second half of 2023,” said CEO Nicholas Woodman.

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Rail investment plan

The French railway industry is in second place in Europe and third place worldwide. This industry displays a trade surplus, which generates more than 100,000 jobs in France. The announcement of the future plan for French rail transport provides in particular for the regeneration and modernization of the network, the average age of which is 30 years in our territory. This age is much higher than that of countries like Germany (17 years) and Switzerland (15 years). An annual investment increasing from 2.8 billion euros to nearly 4 billion euros should make it possible to maintain the entire network in good condition.



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