Plunging revenues have not been enough to halt optimism at camera maker GoPro.
The US firm has announced plans to launch a consumer drone and the latest version of its wearable cameras by the end of the year.
It comes despite the firm revealing a second quarter loss of $91.7m (£69.4m), compared to an equivalent figure of a $35m profit last year.
Similarly, revenues tumbled 47 per cent on a year-on-year basis, dropping to $220.8m, down from $419.9m last year.
However, the figures were nonetheless enough to beat analyst expectations.
According to Yahoo Finance, average estimates from analysts had included revenues of $194m.