Topics

Initial Public Offerings
GoPro publicly files for $100-million IPO
GoPro publicly files for $100-million IPO

GoPro, the maker of the small video cameras worn by athletes, is planning a $100-million initial public stock offering, the company disclosed through its first public filing with the Securities and Exchange Commission. The filing, released Monday afternoon, shows GoPro has seen meteoric growth in revenue for the last three years. In 2013, the San Mateo firm collected just under $1 billion in revenue, at $985.7 million.  More importantly, the tech company is also already profitable, posting a net income of $60.6 million for 2013.  However, investors may be concerned with GoPro's performance during the first quarter of 2014, in which the company posted revenue of $235.7...

Loading