SAN MATEO, Calif., June 12, 2024 /PRNewswire/ -- Today, GoPro (NASDAQ: GPRO) announced that it has surpassed 50 million cameras sold since the launch of its ground-breaking HD HERO camera back in 2009."GoPro has helped the world capture and share itself in ways that we could only dream of prior to the invention of the first GoPro camera," said the Company's founder and CEO, Nicholas Woodman. "Selling 50 million cameras over a 15 year span feels good, but it's the next 50 million cameras I'm most excited abo ...

A month has gone by since the last earnings report for GoPro (GPRO) . Shares have lost about 13.2% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is GoPro due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. GoPro Reports Q1 Loss   GoPro reported first-quarter 2024 non-G ...

Shares in this camera technology company are dirt cheap. But what will the future hold?With its shares down a stunning 96% since their initial public offering (IPO) in 2014, GoPro (GPRO -0.67%) has been a nightmare for early investors. Few would have seen this underperformance coming, considering the company's previously strong brand and the burgeoning online content creation industry that made its products relevant. Let's dig deeper to see what the next five years could have in store for this struggling ca ...

GoPro is trying to broaden its appeal while also building out a subscription business. Keep an eye on this one number to see if it's succeeding.The brand name GoPro (GPRO -2.90%) has significant cachet among a certain type of consumer. But beyond its core customer base, GoPro products aren't really a big hit. That's a problem for the company as it tries to build up a subscription business. There's a plan that might help, but for now at least, the company's subscription hopes have fallen a little flat.GoPro ...

The quick answer is no, but in order to buy GoPro stock you need to believe that the company's transition plan is going to work.Don't worry -- if you are looking at GoPro (GPRO -1.82%) stock, you have not missed the opportunity to buy.Its shares are down roughly 55% over the past year and over 95% from their high-water mark in 2015. With the stock now trading at around $1.70 each, there's plenty of time to buy in. You just have to believe that GoPro can broaden its business model and remain a stand-alone pu ...

Have you assessed how the international operations of GoPro (GPRO) performed in the quarter ended March 2024? For this action video camera maker, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and growth path. It has become essential for i ...

SAN MATEO, Calif., May 13, 2024 /PRNewswire/ -- Today, GoPro, Inc. (NASDAQ: GPRO) announced a large-scale merchandising rollout and sales program at Best Buy, one of the world's largest specialty consumer electronics retailers. The retail expansion combines the installation of completely redesigned world-class product displays, an assisted sales program, and in-store and digital marketing to deliver a complete GoPro experience to customers. GoPro cameras and accessories will be featured in new world-clas ...

The turnaround vision is getting harder and harder to see.GoPro's (GPRO -7.29%) turnaround isn't taking hold, and the company has once again seen its stock drop like a rock this week. According to data provided by S&P Global Market Intelligence, shares fell as much as 17.7% during the week and are down 16.7% at 3 p.m. ET on Friday.From bad to worseGoPro announced first-quarter earnings this week, and there wasn't a lot to like. Revenue fell 11% from a year ago to $155 million, generally accepted accounting ...

GoPro, Inc (GPRO) reported first-quarter 2024 non-GAAP loss of 21 cents per share, narrower than the Zacks Consensus Estimate of a loss of 24 cents. The company incurred a loss of 18 cents in the year-ago quarter.It generated revenues of $155.5 million, down 11% year over year. The top line beat the consensus mark by 5.6%.Revenue growth in the Retail business segment along with increasing subscriber base cushioned the top-line performance.Shares are up 3.3% in the pre-market trading on May 8. In the past ye ...

GoPro, Inc. (NASDAQ:GPRO) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Chris Clark - VP, Corporate Communications Nicholas Woodman - CEO Brian McGee - CFO and COO Conference Call Participants Andrew Uerkwitz - Oppenheimer Operator Hello and welcome to the GoPro First Quarter 2024 Earnings Call. My name is Lauren, and I'll be coordinating your call today. There will be opportunity to questions at the end of the presentation. [Operator Instructions] I would now hand you over ou ...