GoPro Q3 Earnings and Revenues Surpass Estimates [Yahoo! Finance]
GoPro, Inc. - Class A (GPRO)
Last gopro, inc. - class a earnings: 2/5 04:05 pm
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Source: Yahoo! Finance
The company reported earnings per share of 6 cents in the year-ago quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. GPRO generated revenues of $259 million, down 12% year over year due to lower camera unit sales. The metric was within the company's guidance of $255 million (+/- $5 million). The top line beat the consensus mark by 1.6%. GoPro shipped 881,000 camera units in the reported quarter, down 5% year over year. Based on channels, revenues from GoPro.com of $51 million (19.7%) plunged 19% year over year. Our estimate was pegged at $52.8 million. In this channel, hardware revenues totaled $23.5 million compared with $38.5 million in the prior-year quarter. Subscription revenues amounted to $27.5 million, up 11% year over year. This uptick was driven by improving retention rates and growth of Premium+ subscribers which led to a 9% increase in average revenue per user. Retail channel registered revenues of $207.9 million (80.3%), which
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News
- GoPro Joins Teton Gravity Research to Introduce "Beyond the Fantasy," TGR's 29th Annual Ski and Snowboard Film [Yahoo! Finance]Yahoo! Finance
- GoPro Joins Teton Gravity Research to Introduce "Beyond the Fantasy," TGR's 29th Annual Ski and Snowboard FilmPR Newswire
- GoPro Announces Third Quarter ResultsPR Newswire
- GoPro, Inc. (NASDAQ: GPRO) had its "neutral" rating re-affirmed by analysts at Wedbush. They now have a $1.50 price target on the stock.MarketBeat
- GoPro Announces Third Quarter 2024 Earnings WebcastPR Newswire
GPRO
Earnings
- 11/7/24 - Beat
GPRO
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- GPRO's page on the SEC website