Join

Enter Details

Comment on stories, receive email newsletters & alerts.

@
This is your permanent identity for Business Insider Australia
Your email must be valid for account activation
Minimum of 8 standard keyboard characters

Subscribe

Email newsletters but will contain a brief summary of our top stories and news alerts.

Forgotten Password

Enter Details


Back to log in

GoPro Goes Public Tonight In The US, And Shares Are Priced At $US24

Surfer GoProvia YouTubeThis shot was taken with a GoPro camera.

Camera company GoPro will hold its IPO Thursday morning in the US. On Wednesday night, the company initially priced its shares at $US24.

GoPro makes video cameras that can clip on just about anything and record HD video. They’re really popular among athletes and and video journalists.

GoPro filed for its IPO in May. The company is profitable. It made $US61 million in 2013. It’s revenue is growing too. It generated $US986 million in 2013, up from $US526 million in 2012 and $US234 million in 2011.

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.