GoPro (NASDAQ:GPRO) has seen its revenue skyrocket from just $64 million in 2010 to $1.6 billion in 2015, thanks to the company's popular line of action cameras. But lately, GoPro has faced a few missteps, including poor sales of some of its recent devices and a painfully slow move into new revenue streams.
As a result, investors have seen GoPro's stock plummet more than 70% over the past 12 months. But GoPro isn't finished yet. The company knows it needs to start making money from user-generated videos, and could see a boost in revenue once it enters the drone market. Click on the slideshow below to find out more about GoPro's current obstacles and future opportunities.
Chris Neiger has no position in any stocks mentioned. The Motley Fool owns shares of and recommends GoPro. 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.
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