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GoPro Inc (GPRO.OQ)

GPRO.OQ on NASDAQ Stock Exchange Global Select Market

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20 Feb 2018
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Latest Key Developments (Source: Significant Developments)

GoPro Announces Qtrly Loss Per Share $0.41
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - GoPro Inc ::GOPRO ANNOUNCES FOURTH QUARTER AND FULL YEAR 2017 RESULTS.QTRLY REVENUE $ 334.8 MILLION VERSUS $540.6 MILLION.QTRLY LOSS PER SHARE $0.41.QTRLY GAAP-GROSS MARGIN 23.8 PERCENT VERSUS 39.2 PERCENT.QTRLY ADJUSTED LOSS PER SHARE $0.30.QTRLY NON-GAAP GROSS MARGIN 24.8 PERCENT VERSUS 39.5 PERCENT.Q4 EARNINGS PER SHARE VIEW $-0.11, REVENUE VIEW $340.1 MILLION -- THOMSON REUTERS I/B/E/S.IN 2018 CO TARGETING NON-GAAP OPERATING EXPENSES BELOW $400 MILLION.  Full Article

GoPro Releases Mobile OverCapture For Its Fusion 360 Camera
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - GoPro Inc ::GOPRO UNLOCKS NEW CREATIVE POSSIBILITIES IN IMAGE CAPTURE WITH RELEASE OF MOBILE OVERCAPTURE EXPERIENCE FOR ITS FUSION 360 CAMERA.GOPRO INC - HERO6 IS NOW PRICED AT $399.99, HERO5 BLACK AT $299.99 AND HERO5 SESSION AT $199.99.  Full Article

GoPro Has Reportedly Hired JP Morgan To Put Itself Up For Sale - CNBC
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Gopro Inc ::GOPRO HAS REPORTEDLY HIRED JP MORGAN TO PUT ITSELF UP FOR SALE - CNBC, CITING SOURCES‍​.  Full Article

GoPro Is Working With JPMorgan To Explore A Sale - Source
Monday, 8 Jan 2018 

Jan 8 (Reuters) - GoPro Inc ::GOPRO IS WORKING WITH JPMORGAN TO EXPLORE A SALE - SOURCE.  Full Article

GoPro Reduces Global Workforce From 1,254 Employees As Of Sept 30, 2017 To Fewer Than 1,000 Employees Worldwide
Monday, 8 Jan 2018 

Jan 8 (Reuters) - GoPro Inc ::GOPRO ANNOUNCES PRELIMINARY FOURTH QUARTER 2017 RESULTS.- REDUCING ITS GLOBAL WORKFORCE FROM 1,254 EMPLOYEES AS OF SEPTEMBER 30, 2017 TO FEWER THAN 1,000 EMPLOYEES WORLDWIDE.- GOPRO FOUNDER AND CEO NICHOLAS WOODMAN WILL REDUCE HIS 2018 CASH COMPENSATION TO $1.GOPRO - ‍Q4 REVENUE GUIDANCE INCLUDES NEGATIVE IMPACT OF ABOUT $80 MILLION FOR PRICE PROTECTION ON HERO6 BLACK, HERO5 BLACK & HERO5 SESSION CAMERAS.- "HOSTILE REGULATORY ENVIRONMENT IN EUROPE AND UNITED STATES WILL LIKELY REDUCE TOTAL ADDRESSABLE MARKET IN YEARS AHEAD".- RESTRUCTURING OF GOPRO'S BUSINESS WILL RESULT IN AN ESTIMATED AGGREGATE CHARGE OF $23 MILLION TO $33 MILLION.- "‍AT THE START OF HOLIDAY QUARTER WE SAW SOFT DEMAND FOR OUR HERO5 BLACK CAMERA​".- EXPECTS TO RECOGNIZE MOST OF RESTRUCTURING CHARGES IN Q1 OF 2018.- EXPECTS GAAP GROSS MARGIN FOR Q4 OF 2017 TO BE BETWEEN 24% AND 26%​.- ‍NON-GAAP GROSS MARGIN FOR Q4 OF 2017 IS EXPECTED TO BE BETWEEN 25% AND 27%​.GOPRO ANNOUNCES PRELIMINARY FOURTH QUARTER 2017 RESULTS.SEES Q4 2017 REVENUE ABOUT $340 MILLION.- RESTRUCTURING CHARGE OF $23 MILLION TO $33 MILLION, INCLUDES ABOUT $13 MILLION TO $18 MILLION OF CASH EXPENDITURES AS A RESULT OF A REDUCTION IN FORCE.GOPRO - "‍DESPITE SIGNIFICANT MARKETING SUPPORT, WE FOUND CONSUMERS WERE RELUCTANT TO PURCHASE HERO5 BLACK AT SAME PRICE IT LAUNCHED AT ONE YEAR EARLIER​".  Full Article

Gopro Cuts 200-300 Jobs, Largely Impacting Its Drone Division- TechCrunch
Friday, 5 Jan 2018 

Jan 4 (Reuters) - :GOPRO CUTS 200-300 JOBS, LARGELY IMPACTING ITS DRONE DIVISION- TECHCRUNCH, CITING SOURCES‍​.  Full Article

GoPro Inc reports Q3 non-GAAP earnings per share $0.15
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - GoPro Inc :GoPro announces third quarter 2017 results.Q3 non-GAAP earnings per share $0.15.Sees q4 2017 non-GAAP earnings per share $0.37 to $0.47.Sees q4 2017 GAAP earnings per share $0.25 to $0.35.Q3 GAAP earnings per share $0.10.Q3 earnings per share view $0.02 -- Thomson Reuters I/B/E/S.GoPro Inc qtrly ‍revenue $329.8 million versus $240.6 million.GoPro Inc sees q4 ‍revenue of $470 million +/- $10 million​.GoPro Inc sees q4 ‍GAAP and non-GAAP gross margin of 41.5% +/- 50 basis points​.GoPro Inc qtrly ‍GAAP gross margin 39.6 % versus 40.3 %​.GoPro Inc qtrly ‍ non-GAAP gross margin 40.1 percent versus 40.6 percent​.GoPro Inc sees q4 ‍GAAP EPS to be between $0.25 and $0.35​.Q3 revenue view $313.8 million -- Thomson Reuters I/B/E/S.GoPro Inc sees ‍q4 non-GAAP EPS to be between $0.37 and $0.47​.Q4 earnings per share view $0.57, revenue view $521.2 million -- Thomson Reuters I/B/E/S.  Full Article

Gopro Inc ‍will be expanding its presence in Bucharest, Romania​
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Gopro Inc :Gopro Inc - ‍will be expanding its presence in Bucharest, Romania with a move to a larger office space in Timpuri Noi Square.​.  Full Article

GoPro says 'Hero5', 'Karma' on track to launch later this year- conf call
Wednesday, 27 Jul 2016 

GoPro Inc : Says new drone 'Karma' is on track to launch later this year- conf call . Says well-positioned to become leader in drone category with Karma - conf call . Says 'Hero5' line is on track to launch later this year - conf call . Says will see sequential growth in operating expense in second half- conf call Further company coverage: [GPRO.O] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

GoPro reports Q2 GAAP loss per share $0.66
Wednesday, 27 Jul 2016 

GoPro Inc : GoPro announces second quarter 2016 results . Q2 GAAP loss per share $0.66 . Sees FY 2016 revenue $1.35 billion to $1.5 billion . Q2 revenue $221 million versus I/B/E/S view $194.3 million . Q2 non-GAAP loss per share $0.52 . Quarterly GAAP gross margin 42.1 percent versus 46.3 percent last year . GAAP net income profitable for q4 of 2016 . Quarterly non-GAAP gross margin 42.4 percent versus 46.4 percent last year . Sees GAAP and non-GAAP gross margin of 40% plus or minus 1% for second half of 2016 . Sees GAAP and non-GAAP net income profitable for Q4 of 2016 . Sees revenue between $1.35 billion and $1.5 billion for 2016 . FY2016 revenue view $1.34 billion -- Thomson Reuters I/B/E/S .Q2 earnings per share view $-0.58 -- Thomson Reuters I/B/E/S.  Full Article

Photo

The brand Olympics - getting attention without getting in trouble

PYEONGCHANG, South Korea In packing for the Winter Olympics, Canadian entrepreneur Domenico Ciarallo stuffed his bags with hats and t-shirts bearing the logo of his company, which makes locker-room dryers.