GoPro the fourth quarter net profit of 122 million dollars year-on-year Big increase 270%

February 6 News, according to foreign media reports, wearable camera maker GoPro (Nasdaq:gpro) released its fourth quarterly financial report today. The company's net profit rose to more than three times times the same period last year as holiday demand boosted product sales. GoPro's fourth-quarter results were easy to exceed expectations. GoPro produces wearable high-resolution cameras. Its products have been pioneered by surfers and cycling enthusiasts to shoot a variety of difficult movements. Since the company went public, its products have been in vogue. GoPro was listed last June with a price of $24. The price of the unit has risen by more than a year, but it has fallen more than $98.47 a year last October. "The company is doing well," said Nicholas Woodman, the company's chief executive. GoPro is one of the best-selling products of the holiday season. Throughout the quarter, the average company sold 1000 units per hour. As more and more people participate in GoPro filming activities, outstanding photographic content will emerge this year. The company said the fourth-quarter photographic equipment shipments were 2.4 million units, exceeding the company's annual sales for 2012. Analysts had previously predicted that the period of GoPro camera shipments will exceed 2 million, a record. Company 2014 Annual product shipments of 5.2 million. The company recorded a profit of $122.1 million in the fourth quarter, 83 cents per share. In the same period last year, the company recorded a net profit of 33.3 million U.S. dollars, 33 cents per share. Excluding one-time project, the company earnings per share of 99 cents. The company's period of revenue increased by 75%, to 633.9 million U.S. dollars. Analysts expect GoPro to receive $70 cents per share, according to a survey by Thomson Reuters, which Jiying 580 million dollars. Gross profit of the company also increased substantially from 41.9% to 47.9%. GoPro is now building a media business that showcases content taken from camera products. Last month, the company reached an agreement with LG Electronics to provide GoPro channel applications on the new smart TV. The company also has the possibility to carry out other business. At the CES Electronics Show last month, Woodman mentioned previous media reports about the possibility of developing drone products. The company's products in China have a certain reputation, and GoPro has not officially entered the market, but it may encounter from low-cost equipment in the local fierce competition. GoPro's camera and accessory support is used in harsh environments and can be mounted in front of a helmet or bicycle and is loved by sports enthusiasts. Given the surge in product sales in recent years, GoPro's camera has become the largest-selling portable camera product in the US in 2013, the company noted in its IPO. (Dream of Hope)