GoPro just halted its stock and reported third-quarter earnings that missed expectations by a mile

GoPro on Thursday halted trading of its shares before reporting quarterly earnings results that were worse than analysts had expected.

The maker of point-of-view cameras reported an adjusted loss per share of 60 cents, missing the forecast for a 36-cent loss according to Bloomberg.

Its sales totaled $241 million, short of the estimate for $313 million.

The company's guidance for fourth-quarter revenue and earnings per share was also weaker than expected. The fourth quarter is crucial for makers of consumer electronics because their products are popular gift items.

The stock fell 7% in regular trading before the market closed. It lost 33% year-to-date through Thursday.

More to come ...

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