One reason why investors are still excited about $8 billion GoPro (GPRO)

Camera maker GoPro reported earnings that beat analyst expectations across the board on Tuesday. Revenue came in at $420 million, beating the consensus forecast of $395.2 million, while its $0.35 EPS was higher than the $0.26 EPS estimate.

The storyline is consistent with what we've seen in the past year. GoPro's sales have grown at an impressive rate in the past 12 months, contributing to a nearly 50% rise in its share price over the same period.

This chart put together by Statista...

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