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Compared to Estimates, GoPro (GPRO) Q2 Earnings: A Look at Key Metrics
ZACKS· 2025-08-12 00:31
Core Insights - GoPro reported revenue of $152.64 million for the quarter ended June 2025, marking an 18% year-over-year decline, with an EPS of -$0.08 compared to -$0.24 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $147.56 million by 3.45%, while the EPS fell short of the consensus estimate of -$0.07 by 14.29% [1] Financial Performance - GoPro's shares have increased by 78.5% over the past month, significantly outperforming the Zacks S&P 500 composite, which rose by 2.7% [3] - The company currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3] Key Metrics - Units shipped for cameras reached 408 thousand, surpassing the average estimate of 399.62 thousand from two analysts [4] - The number of subscribers stood at 2.45 million, matching the average estimate based on two analysts [4] - The average selling price was $374.00, slightly above the two-analyst average estimate of $369.24 [4]
GoPro (GPRO) Reports Q2 Loss, Beats Revenue Estimates
ZACKS· 2025-08-12 00:01
GoPro (GPRO) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to a loss of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -14.29%. A quarter ago, it was expected that this action video camera maker would post a loss of $0.13 per share when it actually produced a loss of $0.12, delivering a surprise of +7.69%.Over the last four quarters, the company h ...
GoPro(GPRO) - 2025 Q2 - Earnings Call Transcript
2025-08-11 22:00
Financial Data and Key Metrics Changes - In Q2 2025, revenue reached $153 million, which is 6% higher than the midpoint of guidance of $145 million [18] - Gross margin improved to 36% compared to 30.7% in Q2 2024, marking a significant increase [18][20] - Non-GAAP operating expenses were $63 million, a 32% reduction year over year [18][20] - Adjusted EBITDA improved 83% year over year to negative $6 million [18] - Non-GAAP EPS net loss per share improved from negative $0.24 in Q2 2024 to negative $0.08 in Q2 2025 [18] Business Line Data and Key Metrics Changes - Revenue from the retail channel was $111 million, accounting for 73% of total revenue, compared to 74% in 2024 [19] - Revenue from the GoPro.com channel, including subscription and service revenue, was $41 million, representing 27% of total revenue, up from 26% in 2024 [19] - Subscription attach rate from cameras sold across all channels was 56%, a 24% improvement from 45% in Q2 2024 [10][19] Market Data and Key Metrics Changes - The action camera market remains strong, with GoPro being the U.S. market leader in the estimated 3 million unit category [15] - The 360 camera segment is estimated to be nearly 2 million units annually, with GoPro planning to regain market share with the launch of the Max 2 [16] - The low light capable camera segment represents a significant opportunity, estimated at 2 to 2.5 million units annually [16] Company Strategy and Development Direction - GoPro's priorities for the remainder of 2025 and into 2026 include managing operating expenses, protecting intellectual property, and launching new products [7][15] - The company aims to return to unit and revenue growth and improved profitability starting in Q4 2025 [7][15] - GoPro is also exploring new revenue streams, including monetizing user-generated content for AI model training [11][12] Management's Comments on Operating Environment and Future Outlook - Management noted that consumers are becoming choosier with their spending, but demand for GoPro products remains stable [32] - Tariffs are impacting gross margins, but the company is managing this with modest price increases [33] - The company is optimistic about upcoming product launches and their potential to drive unit growth and profitability [33][35] Other Important Information - GoPro raised $50 million in debt financing to strengthen its balance sheet ahead of repaying $94 million in convertible debt due in November [7] - The company refreshed its Board of Directors with three new executives to enhance strategic and financial governance [14] - GoPro's liquidity position is expected to be strong, with an estimated $80 million in cash by the end of 2025 [27] Q&A Session Summary Question: Consumer spending intentions and market conditions - Management indicated that consumers are becoming choosier, but demand for GoPro products remains stable, particularly among professional and aspiring content creators [32][33] Question: MAX camera market and competition - GoPro previously held a 90% market share in the 360 camera market, but competition has increased since the last MAX camera launch in 2019 [40] - The market for 360 cameras has grown significantly, presenting a large opportunity for GoPro with the upcoming Max 2 launch [40][41]
GoPro(GPRO) - 2025 Q2 - Quarterly Report
2025-08-11 21:00
PART I. FINANCIAL INFORMATION [Financial Statements](index=4&type=section&id=Item%201%2E%20Financial%20Statements) Presents the unaudited condensed consolidated balance sheets, statements of operations, and cash flows for the period [Condensed Consolidated Balance Sheets](index=4&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) Details the company's assets, liabilities, and stockholders' equity as of June 30, 2025, compared to the prior year-end Condensed Consolidated Balance Sheet Highlights (as of June 30, 2025 vs. Dec 31, 2024) | Account | June 30, 2025 ($ thousands) | December 31, 2024 ($ thousands) | | :--- | :--- | :--- | | **Assets** | | | | Cash and cash equivalents | 58,571 | 102,811 | | Inventory | 84,482 | 120,716 | | Goodwill | 133,751 | 152,351 | | **Total Assets** | **438,990** | **543,678** | | **Liabilities & Equity** | | | | Total current liabilities | 309,111 | 356,267 | | Short-term debt | 98,518 | 93,208 | | **Total Liabilities** | **341,075** | **391,989** | | **Total Stockholders' Equity** | **97,915** | **151,689** | - Total assets decreased to **$439.0 million** from $543.7 million, primarily due to a reduction in cash, inventory, and a goodwill impairment[16](index=16&type=chunk) - Total liabilities decreased to **$341.1 million** from $392.0 million, while total stockholders' equity declined to **$97.9 million** from $151.7 million, reflecting the net loss for the period[16](index=16&type=chunk) [Condensed Consolidated Statements of Operations](index=5&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) Summarizes revenues, expenses, and net loss for the three and six-month periods ended June 30, 2025 Statement of Operations Summary (Three Months Ended June 30) | Metric | Q2 2025 ($ thousands) | Q2 2024 ($ thousands) | YoY Change | | :--- | :--- | :--- | :--- | | Revenue | 152,643 | 186,224 | -18.0% | | Gross Profit | 54,663 | 56,710 | -3.6% | | Operating Loss | (14,007) | (46,509) | 69.9% improvement | | Net Loss | (16,422) | (47,821) | 65.7% improvement | | Diluted Net Loss Per Share | ($0.10) | ($0.31) | 67.7% improvement | Statement of Operations Summary (Six Months Ended June 30) | Metric | YTD 2025 ($ thousands) | YTD 2024 ($ thousands) | YoY Change | | :--- | :--- | :--- | :--- | | Revenue | 286,951 | 341,693 | -16.0% | | Gross Profit | 97,812 | 109,748 | -10.9% | | Goodwill Impairment | 18,600 | 0 | N/A | | Operating Loss | (59,215) | (87,922) | 32.7% improvement | | Net Loss | (63,131) | (386,909) | 83.7% improvement | | Diluted Net Loss Per Share | ($0.40) | ($2.55) | 84.3% improvement | - The company recorded a goodwill impairment charge of **$18.6 million** in the first six months of 2025, which was not present in the prior year period[19](index=19&type=chunk) [Condensed Consolidated Statements of Cash Flows](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Details cash flows from operating, investing, and financing activities for the six months ended June 30, 2025 Cash Flow Summary (Six Months Ended June 30) | Activity | 2025 ($ thousands) | 2024 ($ thousands) | | :--- | :--- | :--- | | Net cash used in operating activities | (48,434) | (97,798) | | Net cash (used in) provided by investing activities | (1,783) | 10,012 | | Net cash provided by (used in) financing activities | 4,750 | (800) | | **Net change in cash and cash equivalents** | **(44,240)** | **(89,672)** | - Net cash used in operating activities improved to **$(48.4) million** for the first six months of 2025 from $(97.8) million in the same period of 2024, primarily due to a smaller net loss and favorable changes in working capital, including a significant reduction in inventory[23](index=23&type=chunk) - Financing activities provided **$4.8 million** in cash, driven by a net **$5.0 million** in borrowings ($25M proceeds, $20M repayment)[23](index=23&type=chunk) [Notes to Condensed Consolidated Financial Statements](index=8&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) Provides supplementary details on accounting policies, goodwill impairment, revenue segmentation, and subsequent financing events - The company's performance in the first six months of 2025 was impacted by macroeconomic issues, a competitive landscape, and a delay in its next-generation 360-camera, leading to a **16.0% revenue decline**, a **$59.2 million operating loss**, and **$48.4 million in operating cash outflows**[33](index=33&type=chunk) - Due to a 38% decline in market capitalization in Q1 2025, the company performed a quantitative analysis and recognized an **$18.6 million goodwill impairment charge**[41](index=41&type=chunk) - Subscription and service revenue was **$53.1 million (18.5% of total revenue)** for the six months ended June 30, 2025, compared to $52.2 million (15.3% of total revenue) in the prior year period[52](index=52&type=chunk) - Subsequent to the quarter end, on August 4, 2025, the company entered into a new **$50.0 million second lien credit facility** (2025 Credit Agreement) and issued warrants to purchase **11.1 million shares** of common stock[172](index=172&type=chunk)[180](index=180&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A)](index=30&type=section&id=Item%202%2E%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Provides management's perspective on financial performance, operational results, liquidity, and capital resources for the reporting period [Overview and Financial Performance](index=32&type=section&id=Overview%20and%20Financial%20Performance) Reviews key performance metrics, revenue drivers, and subscription trends for the second quarter of 2025 Q2 2025 Key Metrics vs. Prior Periods | Metric | Q2 2025 | Q1 2025 | Q2 2024 | | :--- | :--- | :--- | :--- | | Revenue | $152.6M | $134.3M | $186.2M | | Camera units shipped (thousands) | 408 | 385 | 576 | | Gross margin | 35.8% | 32.1% | 30.5% | | Operating expenses | $68.7M | $88.4M | $103.2M | | Net loss | $(16.4)M | $(46.7)M | $(47.8)M | - Q2 2025 revenue decreased **18.0% YoY to $152.6 million**, primarily due to a **29.2% decrease in camera units shipped**, which was attributed to macroeconomic issues and increased competition[198](index=198&type=chunk) - Average selling price (ASP) increased **15.7% YoY to $374** in Q2 2025, partially offsetting the decline in unit volume[198](index=198&type=chunk) - The subscription attach rate from all sales channels was **56%** in Q2 2025, up from 45% in Q2 2024, while the aggregate retention rate for annual subscribers remained stable at **68%**[198](index=198&type=chunk) [Results of Operations](index=36&type=section&id=Results%20of%20Operations) Analyzes year-over-year changes in gross margin and operating expenses, detailing drivers for cost reductions - Gross margin for Q2 2025 increased to **35.8%** from 30.5% in Q2 2024, a **530 bps improvement**, mainly due to less promotional activity and a higher mix of subscription revenue[215](index=215&type=chunk) - Total operating expenses for Q2 2025 decreased by **33% YoY to $68.7 million**, driven by significant reductions in **R&D (down 35%)** and **Sales & Marketing (down 39%)**[197](index=197&type=chunk)[217](index=217&type=chunk)[220](index=220&type=chunk) - The decrease in R&D expense was primarily due to lower consulting costs for the next-generation system-on-chip and reduced personnel-related costs[217](index=217&type=chunk) - The decrease in Sales & Marketing expense was driven by lower spending on advertising, online campaigns, and events[220](index=220&type=chunk) [Liquidity and Capital Resources](index=41&type=section&id=Liquidity%20and%20Capital%20Resources) Discusses the company's cash position, debt obligations, recent financing activities, and its ability to continue as a going concern - As of June 30, 2025, the company had **$58.6 million** in cash and cash equivalents, down from $102.8 million at year-end 2024[237](index=237&type=chunk) - The company's 2025 Convertible Notes, with an outstanding principal of **$93.8 million**, mature on November 15, 2025[260](index=260&type=chunk) - Management has assessed its ability to continue as a going concern, citing restructuring actions, the new **$50.0 million 2025 Credit Agreement**, and plans to manage working capital as sufficient to maintain liquidity for at least 12 months[261](index=261&type=chunk)[262](index=262&type=chunk) - In February 2025, the company drew **$25.0 million** from its 2021 Credit Facility and repaid **$20.0 million** in June 2025, leaving **$39.8 million** available to draw as of June 30, 2025[246](index=246&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=47&type=section&id=Item%203%2E%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) Outlines the company's exposure to market risks, primarily from foreign currency fluctuations and interest rate changes - The strength of the U.S. dollar negatively impacted revenue, gross margin, and net income per share by approximately **$43.7 million** in the 12 months ending June 30, 2025, relative to 2021 foreign currency rates[282](index=282&type=chunk) - The company's primary foreign currency exposures are to the Euro, British pound, Australian dollar, Japanese yen, Romanian leu, and Canadian dollar[282](index=282&type=chunk) - Interest rate risk is primarily related to cash and cash equivalents, but management does not believe a **10% shift** in rates would have a material effect on the portfolio's fair value[284](index=284&type=chunk) [Controls and Procedures](index=47&type=section&id=Item%204%2E%20Controls%20and%20Procedures) Confirms the effectiveness of the company's disclosure controls and procedures as of the end of the reporting period - The principal executive officer and principal financial officer concluded that as of June 30, 2025, the company's disclosure controls and procedures were **effective**[286](index=286&type=chunk) - There were no changes in internal control over financial reporting during the quarter that materially affected, or are reasonably likely to materially affect, these controls[287](index=287&type=chunk) PART II. OTHER INFORMATION [Legal Proceedings](index=48&type=section&id=Item%201%2E%20Legal%20Proceedings) Details significant ongoing legal matters, including patent infringement litigation with Contour IP Holdings and Insta360 - In the long-running patent case with Contour IP Holdings (CIPH), a district court ruling in GoPro's favor was reversed on appeal, and a new trial is scheduled for **September 29, 2025**[151](index=151&type=chunk) - GoPro filed a complaint against Insta360 for patent infringement; an Administrative Law Judge issued an Initial Determination finding Insta360 violated federal law regarding GoPro's HERO camera design, and a final ITC determination is expected by **November 10, 2025**[152](index=152&type=chunk) - Insta360 has filed three patent infringement actions against GoPro in China, which the company believes lack merit[152](index=152&type=chunk) [Risk Factors](index=48&type=section&id=Item%201A%2E%20Risk%20Factors) Outlines significant risks to the business, including operating losses, competition, and subscriber retention challenges - The company has incurred substantial operating losses, including **$135.0 million in 2024**, and may not achieve or sustain profitability due to factors like delayed product launches, competition, and macroeconomic conditions[292](index=292&type=chunk)[294](index=294&type=chunk) - Competition has intensified from established camera makers, large electronics companies, and smartphones with advanced photo/video capabilities, which could lead to a loss of market share[292](index=292&type=chunk)[312](index=312&type=chunk)[313](index=313&type=chunk) - The subscriber base **declined 3% year-over-year** in Q2 2025 to **2.45 million**, and future growth is not guaranteed, which could impact the company's highest-margin revenue stream[303](index=303&type=chunk) - The company's stock price has been highly volatile, ranging from a high of **$6.46** in Q1 2023 to a low of **$0.48** in Q2 2025, and a sustained decline could lead to further impairment charges[301](index=301&type=chunk)[372](index=372&type=chunk)[374](index=374&type=chunk) [Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities](index=70&type=section&id=Item%202%2E%20Unregistered%20Sales%20of%20Equity%20Securities%2C%20Use%20of%20Proceeds%2C%20and%20Issuer%20Purchases%20of%20Equity%20Securities) Reports on the company's stock repurchase program status, noting no repurchases were made during the quarter - As of June 30, 2025, the company had a remaining share repurchase authorization of **$60.4 million**[405](index=405&type=chunk) - **No shares** of Class A or Class B common stock were repurchased during the three months ended June 30, 2025[405](index=405&type=chunk) [Other Information](index=70&type=section&id=Item%205%2E%20Other%20Information) Discloses the adoption of Rule 10b5-1 trading plans by two company executives during the second quarter Executive 10b5-1 Trading Plan Adoptions (Q2 2025) | Name | Title | Date Adopted | Expiration Date | Total Shares to be Sold | | :--- | :--- | :--- | :--- | :--- | | Brian T. McGee | EVP, CFO & COO | 5/19/2025 | 5/19/2027 | 1,195,412 | | Dean Jahnke | SVP, Global Sales | 5/20/2025 | 5/20/2026 | 429,615 |
GoPro(GPRO) - 2025 Q2 - Quarterly Results
2025-08-11 20:02
[GoPro Second Quarter 2025 Financial Results](index=1&type=section&id=GoPro%20Announces%20Second%20Quarter%20Results) [Q2 2025 Financial & Business Highlights](index=1&type=section&id=Q2%202025%20Financial%20%26%20Business%20Highlights) The company's Q2 revenue declined 18% YoY, but cost management drove significant improvements in gross margin and adjusted EBITDA **Q2 2025 Key Financial Metrics (YoY)** | Metric | Q2 2025 | Q2 2024 | % Change | | :--- | :--- | :--- | :--- | | Revenue | $152.6M | $186.2M | (18.0)% | | GAAP Gross Margin | 35.8% | 30.5% | +530 bps | | Non-GAAP Gross Margin | 36.0% | 30.7% | +530 bps | | GAAP Net Loss | $(16.4)M | $(47.8)M | (65.7)% | | Non-GAAP Net Loss | $(12.0)M | $(36.2)M | (67.0)% | | GAAP Diluted EPS | $(0.10) | $(0.31) | (67.7)% | | Non-GAAP Diluted EPS | $(0.08) | $(0.24) | (66.7)% | | Adjusted EBITDA | $(5.7)M | $(33.4)M | (83.0)% | - Management attributes the improved gross margin and adjusted EBITDA to successful initiatives to reduce operating expenses, which were **down 32% YoY**[3](index=3&type=chunk) - Subscription and service revenue remained flat YoY at **$26 million**, with the subscriber count ending Q2 at **2.45 million**, a 3% decrease YoY[7](index=7&type=chunk) - GoPro launched a new opt-in **AI Training program**, allowing U.S. subscribers to license their content for AI model training[9](index=9&type=chunk) - An Administrative Law Judge issued a favorable initial determination that competitor **Insta360 infringed on a GoPro patent**[7](index=7&type=chunk) - The company closed a **$50 million second lien credit facility** and issued 11.1 million warrants at an exercise price of $1.25 per share[7](index=7&type=chunk) [Financial Statements](index=5&type=section&id=Financial%20Statements) This section presents the unaudited condensed consolidated statements of operations, balance sheets, and cash flows [Statements of Operations](index=5&type=section&id=Preliminary%20Condensed%20Consolidated%20Statements%20of%20Operations) The company reported a Q2 net loss of $16.4 million, a significant improvement driven by a 33% reduction in operating expenses **Statement of Operations Summary (Three Months Ended June 30)** | (in thousands) | 2025 | 2024 | | :--- | :--- | :--- | | Revenue | $152,643 | $186,224 | | Gross Profit | $54,663 | $56,710 | | Total Operating Expenses | $68,670 | $103,219 | | Operating Loss | $(14,007) | $(46,509) | | Net Loss | $(16,422) | $(47,821) | [Balance Sheets](index=6&type=section&id=Preliminary%20Condensed%20Consolidated%20Balance%20Sheets) The balance sheet shows total assets of $439.0 million, with notable decreases in cash and inventory from year-end 2024 **Balance Sheet Summary** | (in thousands) | June 30, 2025 | Dec 31, 2024 | | :--- | :--- | :--- | | Cash and cash equivalents | $58,571 | $102,811 | | Inventory | $84,482 | $120,716 | | Total Assets | $438,990 | $543,678 | | Total Liabilities | $341,075 | $391,989 | | Total Stockholders' Equity | $97,915 | $151,689 | [Statements of Cash Flows](index=7&type=section&id=Preliminary%20Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Net cash used in operating activities improved to $48.4 million for the first half of 2025, with total cash decreasing by $44.2 million **Cash Flow Summary (Six Months Ended June 30)** | (in thousands) | 2025 | 2024 | | :--- | :--- | :--- | | Net cash provided by (used in) operating activities | $(48,434) | $(97,798) | | Net cash provided by (used in) investing activities | $(1,783) | $10,012 | | Net cash provided by (used in) financing activities | $4,750 | $(800) | | Net change in cash and cash equivalents | $(44,240) | $(89,672) | [Reconciliation of GAAP to Non-GAAP Financial Measures](index=8&type=section&id=Reconciliation%20of%20Preliminary%20GAAP%20to%20Non-GAAP%20Financial%20Measures) This section reconciles GAAP to non-GAAP measures, showing a Q2 non-GAAP net loss of $12.0 million and adjusted EBITDA of negative $5.7 million - The company uses non-GAAP measures to facilitate comparability, identify business trends, and compare results against analyst models[21](index=21&type=chunk)[22](index=22&type=chunk) **Q2 2025 GAAP to Non-GAAP Net Loss Reconciliation** | (in thousands) | Amount | | :--- | :--- | | **GAAP net loss** | **$(16,422)** | | Stock-based compensation | $5,116 | | Acquisition-related costs | $469 | | Restructuring and other costs | $(58) | | Income tax adjustments | $(1,062) | | **Non-GAAP net loss** | **$(11,957)** | **Q2 2025 Adjusted EBITDA Reconciliation** | (in thousands) | Amount | | :--- | :--- | | **GAAP net loss** | **$(16,422)** | | Adjustments (Taxes, Interest, D&A, etc.) | $10,732 | | **Adjusted EBITDA** | **$(5,690)** | [Other Information](index=3&type=section&id=Other%20Information) This section contains investor call details, legal disclaimers, and outlines forward-looking statements and associated business risks - GoPro will host a conference call for analysts and investors to discuss the financial results[10](index=10&type=chunk) - The company warns that forward-looking statements are subject to risks, including **economic downturns, supply chain reliance, and competition**[16](index=16&type=chunk) - GoPro uses its investor relations website, SEC filings, and social media channels to announce material financial information[14](index=14&type=chunk)
美股三大指数集体收涨,纳指涨近1%,苹果本周累涨13%
Ge Long Hui A P P· 2025-08-08 22:25
Core Viewpoint - US stock markets experienced collective gains, with the Dow Jones up 0.47%, the Nasdaq up 0.98%, and the S&P 500 up 0.78%, indicating a positive market sentiment for the week [1] Group 1: Market Performance - The Dow Jones increased by 1.35% over the week, while the Nasdaq saw a significant rise of 3.87%, and the S&P 500 rose by 2.43% [1] - Notable tech stocks performed well, with Apple rising over 4% and achieving a weekly gain of 13%, marking its best weekly performance since July 2020 [1] - Other tech stocks like Google and Tesla increased by over 2%, while Nvidia saw a rise of over 1% [1] Group 2: Sector Performance - The automotive and consumer electronics sectors led the gains, with GoPro rising over 7%, Sony up over 4%, and both Toyota and Honda increasing by over 3% [1] - Conversely, the sports betting and cruise sectors faced declines, with Flutter Entertainment dropping over 8%, and Carnival and Royal Caribbean cruise lines falling by over 2% [1] Group 3: Chinese Stocks - The Nasdaq Golden Dragon China Index fell by 0.26% but still recorded a weekly gain of 2.39% [1] - Among popular Chinese stocks, NIO rose over 3% and XPeng Motors nearly 3%, while Bilibili, iQIYI, and Miniso saw declines of over 1% [1]
GoPro to Present at the Oppenheimer 28th Annual Technology, Internet & Communications Conference
Prnewswire· 2025-08-04 20:15
Core Viewpoint - GoPro, Inc. will present at the Oppenheimer 28th Annual Technology, Internet & Communications Conference on August 12, 2025, at 2:05 pm EDT, featuring CEO Nicholas Woodman and CFO Brian McGee [1]. Company Information - GoPro, Inc. is recognized for helping individuals capture and share experiences in immersive ways and has been acknowledged as a top employer by Outside Magazine and U.S. News & World Report [3]. - The company offers open roles on its careers page, indicating ongoing recruitment efforts [3]. Event Details - A live webcast of the conference presentation will be available, with replay access on the "Events & Presentations" section of GoPro's investor website [2].
GoPro Raises $50 Million Secured Term Loan
Prnewswire· 2025-08-04 13:00
SAN MATEO, Calif., Aug. 4, 2025 /PRNewswire/ -- GoPro, Inc. (NASDAQ: GPRO) announced it entered into a second lien credit agreement (the "Second Lien Credit Agreement") providing for a secured term loan in an aggregate principal amount of $50 million from Farallon Capital Management, L.L.C., and certain of its affiliates ("Farallon"). The company closed the debt financing as part of a strategic initiative to bolster its balance sheet and placed approximately $94 million in escrow to repay the convertible de ...
GoPro Launches Opt-In AI Training Program
Prnewswire· 2025-07-30 13:00
SAN MATEO, Calif., July 30, 2025 /PRNewswire/ -- GoPro, Inc. (NASDAQ: GPRO) today announced a new opt-in program that enables U.S. subscribers to monetize their GoPro cloud-based video content by making it available to help train AI models. GoPro subscribers can opt-in to make their user-generated content (UGC) available for license to leading technology companies seeking diverse, real-world footage to enhance the performance and accuracy of their AI models. GoPro subscribers will earn 50% of the license re ...
Are Consumer Discretionary Stocks Lagging Acushnet (GOLF) This Year?
ZACKS· 2025-07-28 14:41
Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Is Acushnet (GOLF) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question. On the other hand, GoPro belongs to the Audio Video Production industry. This 6-stock industry is currently ranked #58. The industry has moved +15.5% year to date. Investors with an ...