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GoPro (GPRO) CEO Woodman to CNBC: ‘One Year Doesn’t Define a Company’

NEW YORK (TheStreet) -- Shares of GoPro (GPRO) are surging by 10.11% to $12.74 on Thursday morning, after the action camera maker reported a narrower than expected loss for the 2016 second quarter.

GoPro posted a loss of 52 cents per share on revenue of $220.76 million for the most recent quarter. Analysts surveyed by Thomson Reuters had forecast for a loss of 58 cents per share on revenue of $194.31 million.

This marked GoPro's third consecutive quarterly loss.

GoPro CEO Nick...