September 7, 2017 / 11:14 AM / 3 months ago

GoPro expects to post adjusted profit in Q3

Sept 7 (Reuters) - Wearable camera maker GoPro Inc said on Thursday it expects to be profitable on an adjusted basis in the third quarter.

The company said it expects current-quarter revenue to be at the high end of its forecast of $290 million-$310 million, driven by the strong demand for Hero 6 and the Fusion 360 action-cameras.

However, GoPro said it expects to post a third-quarter loss on a GAAP basis, or before excluding one-time or special items. (Reporting by Aishwarya Venugopal in Bengaluru; Editing by Savio D‘Souza)

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