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GoPro Returns as the Exclusive Action Camera of Legendary Freeride Mountain Bike Event Red Bull Rampage 2024
Prnewswire· 2024-10-07 13:00
In the highly anticipated women's competition, GoPro athletes Vero Sandler and Casey Brown will compete against the world's best female freeriders. Both riders are renowned for pushing the limits of the sport, and now, they will make history competing in the first-ever women's event at Red Bull Rampage. The men's competition on Saturday, will feature GoPro athletes Reed Boggs and Brendan Fairclough, two longtime Red Bull Rampage competitors. "Red Bull Rampage is the ultimate proving ground for freeride moun ...
Will GoPro Stock Gain From Launch of New Affordable HERO Camera?
ZACKS· 2024-09-24 13:50
GoPro (GPRO) recently introduced a cutting-edge "4K'ing Tiny" camera — the HERO. With its ultra-compact design, waterproof durability, stunning 4K video, intuitive controls and a price tag of just $199, GoPro's latest offering brings premium features to a much wider audience. It is currently available for purchase both online and at retail stores around the globe. Weighing in at just 86 grams, the HERO is the smallest and lightest camera GoPro has ever launched. It boasts a compact design that is 35% smalle ...
GoPro's Tiny 4K Camera Hits Global Shelves at $199 MSRP
Prnewswire· 2024-09-23 13:00
$199 HERO Joins New Flagship HERO13 Black in Global Distribution RolloutSAN MATEO, Calif., Sept. 23, 2024 /PRNewswire/ -- Today, GoPro (NASDAQ: GPRO) announced that its new $199 "4K'ing Tiny" camera, simply named "HERO", is now available on retail shelves around the world and for purchase online at GoPro.com. GoPro's new $199 HERO weighs in at 86 grams and is the smallest ever 4K GoPro with a screen.Weighing just 86 grams, the tiny new 4K HERO camera is waterproof, durable and combines GoPro's simplest user ...
GoPro (GPRO) Up 6.9% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-09-05 16:36
A month has gone by since the last earnings report for GoPro (GPRO) . Shares have added about 6.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is GoPro due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. GoPro Q2 Loss Narrower Than ExpectedGoPro reported a second-qua ...
Will GoPro's New HERO and HERO13 Black Cameras Drive Top Line?
ZACKS· 2024-09-05 14:57
GoPro (GPRO) recently launched two new cameras — HERO13 Black and HERO — with new features. Both HERO and HERO13 Black cameras are available for preorder. For HERO, the preorder shipping and global retail on-shelf availability will begin on Sept. 22, while the same for HERO13 Black will commence on Sept. 10.Priced at $199, HERO is the smallest and lightest 4K GoPro ever (weighing only 86 grams) with a screen that boasts an ultralight design and striking 4K image quality, highlighted GoPro. HERO has 35% less ...
GoPro Announces Two New Cameras: The $399 HERO13 Black and the $199 HERO
Prnewswire· 2024-09-04 13:00
"This year's two new GoPro cameras are inspired by and built for the GoPro Community," says GoPro Founder and CEO Nicholas Woodman. "HERO13 Black features four new interchangeable lens mods that HERO13 automatically detects and adjusts its settings for, magnetic latch mounting, GPS, and a more powerful battery that provides longer runtimes and improved thermal performance. And then there's HERO, the smallest, lightest 4K GoPro ever with a screen that will appeal to new and experienced users with its rugged, ...
GoPro (GPRO) Undertakes 15% Workforce Reduction Strategy
ZACKS· 2024-08-21 16:11
GoPro, Inc. (GPRO) recently announced its decision to trim nearly 15% of its workforce, as approved by its board of directors. The initiative is part of a broader restructuring plan, which is aimed at reducing operating expenses by approximately $50 million to $320 million (+/- $5 million) in 2025 from the midpoint of the projected total operating expenses of $365-$370 million in 2024. The restructuring charges are expected between $5 million and $7 million. Of these charges, it expects to incur cash expens ...
GoPro (GPRO) Q2 Loss Narrower Than Expected, Revenues Beat
ZACKS· 2024-08-07 14:46
GoPro, Inc (GPRO) reported a second-quarter 2024 non-GAAP loss of 24 cents per share, narrower than the Zacks Consensus Estimate of a loss of 25 cents. The company incurred a loss of 5 cents per share in the year-ago quarter.GPRO generated revenues of $186 million, down 23% year over year. The figure exceeded the company’s guidance of $170 million (+/- $5 million). The top line beat the consensus mark by 9.2%.Higher demand for the HERO12 Black camera in Europe and North America cushioned the top-line perfor ...
GoPro(GPRO) - 2024 Q2 - Earnings Call Transcript
2024-08-06 23:34
GoPro, Inc. (NASDAQ:GPRO) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Chris Clark - VP, Corporate Communications Nicholas Woodman - CEO Brian McGee - CFO and COO Conference Call Participants Alicia Reese - Wedbush Securities Martin Yang - Oppenheimer Erik Woodring - Morgan Stanley Operator Good afternoon. Thank you for attending the GoPro Second Quarter 2024 Earnings Call. My name is Cameron, and I'll be your moderator for today. [Operator Instructions] I would now like t ...
GoPro (GPRO) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-08-06 23:11
GoPro (GPRO) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4%. A quarter ago, it was expected that this action video camera maker would post a loss of $0.24 per share when it actually produced a loss of $0.21, delivering a surprise of 12.50%.Over the last four quarters, the company has surp ...