The net loss was $37,269,000 compared to a loss of $30,536,000 for the second quarter ended Jun. 30 as sales declined 5% to $282,677,000 vs. $296,526,000, but GPRO said channel inventories are at historic lows and demand has recovered to about 5 million units, in excess of the 4.2 million units that it expects to be able to deliver. That situation coupled with the introduction of three new products in Q4 is a formula that will produce a profit in H2 and set the company up to maintain margins in 2019. GPRO said its Q4 execution will be much better ... Log in to view full article.