The listed action sports camera manufacturer GoPro has presented business figures for the third quarter that have caused a surprise in financial circles. Turnover rose by 45.7% to USD 280 million compared to the same quarter of the previous year. This may also have surprised investors: After posting a loss of USD 1.1 million on the balance sheet last year, the company is now making a profit The company posted a profit of USD 14.6 million. The launch of the new Hero4 camera is also likely to have contributed to this.

Since the IPO at the end of June, the share price has soared - almost tripling in value. Gopro was valued at three billion dollars before the IPO and is now valued at around 8 billion. This growth is probably not only pleasing for investors, but also for the company founder: Nicolas Woodmann holds a 49% stake in his company.

However, the sensitivity of the stock market also became apparent with Gopro shares. Gopro investors reacted with uncertainty to the rumors that the head injuries suffered by former Formula 1 world champion Michael Schumacher could be linked to the GoPro camera worn on his helmet. As a result, the share price took a noticeable knock. Gopro's competitors have certainly also had an impact on the share price: Panasonic, HTC and Kodak recently presented action sports cameras that performed better than Gopro in some tests.

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