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

Keith Noonan has no position in any stocks mentioned. The Motley Fool owns and recommends Ambarella, Google (A and C shares), and GoPro. The Motley Fool owns shares of Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.