NEW YORK (TheStreet) -- Shares of GoPro (GPRO) - Get Report are up 6.74% to $12.35 in after-hours trading on Wednesday after reporting better-than-expected financial results for the 2016 second quarter.

After the market close, the action camera maker reported an adjusted loss of 52 cents per share, narrower than the loss of 58 cents per share projected by analysts.

Revenue tumbled 47.4% year-over-year to $221 million in the most recent period but beat analysts' estimates of $194 million.

GoPro shipped 759,000 units in the second quarter, representing 8% growth from the previous quarter. The selling price increased by 11%. 

The company maintained its full-year revenue guidance of between $1.35 billion and $1.50 billion. Analysts surveyed by Thomson Reuters are looking for revenue of $1.34 billion for the year. 

Separately, TheStreet Ratings team rates the stock as a "sell" with a ratings score of D.

GoPro's weaknesses include its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself.

You can view the full analysis from the report here: GPRO

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author. 

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