GoPro Attempts to Stabilize Its Struggling Business

(gpro) down around 1.5% to $8.81 in after-hours trading.

GoPro CEO Nick Woodman told analysts on a conference call on Thursday that the company is “more efficient than just six months ago” and that GoPro has “dramatically reduced spending without comprising our product roadmap.”

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Indeed, GoPro has been shaving costs through a series of layoffs, including one in March in which it fired