GoPro (GPRO) reported late Monday Q1 non-GAAP net loss of $0.12 per diluted share, narrowing from a loss of $2.11 a year earlier.

Three analysts polled by FactSet expected a loss of $0.12.

Revenue for the quarter ended March 31 was $134.3 million, down from $155.5 million a year earlier. Two analysts surveyed by FactSet expected $124.6 million.

Shares were down more than 2.5% in recent after-hours activity.