Why GoPro (GPRO) International Revenue Trends Deserve Your Attention

Core Viewpoint - GoPro's international operations are crucial for assessing its financial resilience and growth prospects, especially in a globally interconnected economy [1][2]. Group 1: International Revenue Performance - GoPro's total revenue for the quarter was $155.47 million, reflecting an 11% decrease [2]. - Revenue from Europe, Middle East, and Africa was $52.01 million, accounting for 33.5% of total revenue, surpassing the consensus estimate by 23.65% [3]. - Asia and Pacific region generated $26.86 million, representing 17.3% of total revenue, which was a 24.07% miss compared to projections [3]. Group 2: Future Revenue Projections - Analysts expect GoPro to report total revenue of $170.71 million for the current fiscal quarter, a decline of 29.2% year-over-year [4]. - For the full year, total revenue is projected at $932.6 million, down 7.3% from the previous year, with Europe, Middle East, and Africa expected to contribute 30.7% and Asia and Pacific 25.7% [4]. Group 3: Stock Performance and Market Context - GoPro's stock has decreased by 12.6% over the past month, contrasting with a 1.3% rise in the Zacks S&P 500 composite [8]. - Over the last three months, GoPro shares have lost 32.9%, while the S&P 500 increased by 4.3% [8].