GoPro (NASDAQ:GPRO) stock's reputation for volatility got further reinforcement over the past month, as shares fell roughly 25% in August. The camera maker's share price at the end of August was still roughly double its IPO price, but the stock was down roughly 24% year to date, as periods of big gains have been wiped out by even bigger dips. Yet the company has delivered a solid earnings performance and is making significant strides in areas fundamental to its long-term success.

Click through the slideshow below to learn about three ways GoPro is scoring wins on crucial fronts.

3 Ways GoPro Is Winning from The Motley Fool