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GoPro's (GPRO) Q4 Earnings & Revenues Miss Estimates
Zacks Investment Research· 2024-02-08 15:31
GoPro, Inc. (GPRO) reported fourth-quarter 2023 non-GAAP earnings of 2 cents per share, which missed the Zacks Consensus Estimate by 33.3%. The company reported earnings of 12 cents in the year-ago quarter.GoPro generated revenues of $295.4 million, down 8% year over year. The top line also missed the consensus mark by 9.7%.GPRO added that consumers were looking for discounts irrespective of already low prices in the holiday season. This led to lower-than-expected sell-through of its HERO10 Black product (p ...
GoPro(GPRO) - 2023 Q4 - Earnings Call Transcript
2024-02-08 00:00
GoPro, Inc. (NASDAQ:GPRO) Q4 2023 Earnings Conference Call February 7, 2024 5:00 PM ET Company Participants Chris Clark - Vice President, Corporate Communications Nicholas Woodman - Chief Executive Officer Brian McGee - Chief Financial Officer and Chief Operating Officer Conference Call Participants Erik Woodring - Morgan Stanley Martin Yang - Oppenheimer Operator Good afternoon. Thank you for attending today's GoPro Fourth Quarter 2023 Earnings Call. My name is Cole, and I'll be the moderator for today's c ...
GoPro(GPRO) - 2023 Q4 - Earnings Call Presentation
2024-02-07 22:22
Q4 2023 Preliminary Earnings Results Summary February 7, 2024 Copyright © 2024. GoPro, Inc. All rights reserved. SAFE HARBOR STATEMENT This presentation may contain projections or other forward-looking statements within the meaning Section 27A of the Private Securities Litigation Reform Act. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “should,” “will”, “plan” and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward ...
GoPro Releases Quik Desktop App for macOS + Introduces Premium+ Subscription Tier
Prnewswire· 2024-02-06 14:15
The Quik desktop app is available at no additional charge to GoPro subscribers. It syncs with the Quik mobile app, making it easy to start a project on one device and then finish it on another. Powerful yet convenient editing tools, such as a beat sync feature that automatically matches your edit points to the rhythm of your soundtrack, make advanced content creation easy. Quik's auto highlight editing feature ensures beginners can achieve pro-like results without any prior editing experience. GoPro subscri ...
GoPro Named Official Action Camera of X Games Elite Ski + Snowboard Competition
Prnewswire· 2024-01-25 14:02
GoPro Partners with the Biggest Snow Event of the Year to Bring Immersive Course Previews + Unique Perspectives from Aspen to Viewers Worldwide SAN MATEO, Calif., Jan. 25, 2024 /PRNewswire/ -- Today, GoPro (NASDAQ: GPRO) announced a partnership with X Games Aspen 2024 to be the official action camera of the elite winter ski and snowboard competition. More than 100 of the biggest names in action sports will compete in front of live crowds in Aspen, Colorado, with an additional 2.4 million viewers tuning in ...
3 Stocks Under $10 Set to Quadruple by 2028
InvestorPlace· 2024-01-24 21:50
While making investments, identifying solid opportunities can feel like looking for a needle in a haystack. While daunting, with enough time and patience it is possible. This article aims to point you towards three stocks that stand out as potential goldmines. They are all currently priced under $10 and the stocks are forecast to quadruple by 2028. These stocks under $10 each capitalize on a different sector from consumer electronics, to finance and automobile manufacturing. Let’s explore the strategic triu ...
GoPro Named Official Camera of Freeride World Tour, the World's Biggest Freeride Ski and Snowboard Competition
Prnewswire· 2024-01-22 14:05
The World's Top Freeride Skiers and Snowboarders to Wear GoPro Cameras in Competition to Deliver Thrilling Live POV and Action ContentSAN MATEO, Calif., Jan. 22, 2024 /PRNewswire/ -- GoPro, Inc. (NASDAQ: GPRO) today announced its continued partnership for the 2024 season with the Freeride World Tour by Peak Performance, the ultimate ski and snowboard freeriding competition. Known for showcasing some of the world's most thrilling freeride content, the 2023 Freeride World Tour generated more than 300M video v ...
GoPro to Acquire Forcite, Maker of Tech-Enabled Helmets
Prnewswire· 2024-01-16 21:05
SAN MATEO, Calif., Jan. 16, 2024 /PRNewswire/ -- GoPro, Inc. (NASDAQ: GPRO) today announced an agreement to acquire Forcite Helmet Systems, a pioneer in embedding technology into helmets. GoPro intends to accelerate Forcite's vision to provide a safer, more dynamic motorcycling experience through tech-enabled motorcycle helmets with the long-term goal of tech-enabling other categories of helmets over time. "The greater helmet market represents a meaningful TAM expanding opportunity for GoPro, and we're exci ...
GoPro Announces $120,000 'GoPro Line of the Winter' Video Contest for Best Single-Clip Ski + Snowboard Videos
Prnewswire· 2024-01-15 14:00
Each submission must be a single, unedited clip, shot on GoPro and captured by the skier or snowboarder themselves. To be eligible, the clip must be shared on social media using the #GoProLineOfTheWinter hashtag and submitted to GoPro Awards via the GoPro Quik app or at GoPro.com/Awards. Individuals may submit as many videos as they like, with each video serving as one submission. "In the hands of inspired athletes, GoPros have captured some of the most insane ski and snowboard lines we've ever seen — from ...
1 Growth Stock Down 96% You'll Regret Not Buying on the Dip in 2024
The Motley Fool· 2024-01-11 11:18
When a stock loses more than 90% of its value, it's a clear indication that the market is concerned about structural problems with the underlying business. That has certainly been the case for GoPro (GPRO 3.79%), whose stock reached an all-time high of $93.85 in 2014 before steadily declining by 96% to just $3.18 a share today.GoPro makes industry-leading action cameras, but they are a niche product and the company has struggled to maintain consistent sales growth. Unfortunately, the company has long been a ...