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GoPro Inc (GPRO.OQ)

GPRO.OQ on NASDAQ Stock Exchange Global Select Market

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21 Jul 2017
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Latest Key Developments (Source: Significant Developments)

GoPro CEO Nick Woodman on CNBC says on track to achieve Q2 guidance
Tuesday, 23 May 2017 03:24pm EDT 

May 23 (Reuters) - :GoPro Inc CEO Nick Woodman on CNBC says on track to achieve Q2 guidance.  Full Article

GoPro reports Q1 loss per share $ 0.78
Thursday, 27 Apr 2017 04:05pm EDT 

April 27 (Reuters) - GoPro Inc -:GoPro Inc - qtrly gaap-gross margin 31.4 percent versus 32.5 percent.GoPro Inc - qtrly non-gaap gross margin 32.3 percent versus 33.0 percent.Remain on track toward our goal of returning to full-year non-gaap profitability in 2017.GoPro announces first quarter 2017 results.GoPro Inc -sees q2 2017 revenue of $270 million +/- $10 million.Qtrly gaap loss per share $ 0.78.GoPro Inc sees fy non-gaap operating expenses below $495 million.GoPro Inc - qtrly revenue $218.6 million versus $ 183.5 million.Q1 earnings per share view $-0.45, revenue view $207.8 million -- Thomson Reuters I/B/E/S.GoPro Inc - remain on track toward goal of returning to full-year non-gaap profitability in 2017.  Full Article

GoPro launches pilot program for its new 5.2K spherical camera, fusion
Thursday, 20 Apr 2017 09:00am EDT 

April 20 (Reuters) - GoPro Inc :GoPro Inc - GoPro launches pilot program for its new 5.2K spherical camera, fusion.GoPro Inc - Pilot program is expected to roll-out during summer of 2017.  Full Article

GoPro prices $175 mln of 3.50 pct convertible senior notes due 2022
Friday, 7 Apr 2017 12:37am EDT 

GoPro Inc : GoPro prices $175 million of 3.50% convertible senior notes due 2022 .Size of offering was increased from previously announced $150 million in aggregate principal amount.  Full Article

GoPro to offer $150 mln of convertible senior notes due 2022
Wednesday, 5 Apr 2017 04:23pm EDT 

GoPro Inc - : GoPro to offer $150 million of convertible senior notes due 2022 . Notes will mature on April 15, 2022 . Notes will be senior, unsecured obligations of GoPro, and interest will be payable semi-annually in arrears . Expects to use a portion of net proceeds of offering of notes to pay aggregate prepayment of prepaid forward . Expects to enter privately negotiated prepaid forward stock purchase transaction with an affiliate of an initial purchaser in note offering .As per prepaid forward agreement, GoPro will purchase shares of class a common stock, for settlement on or around April 15, 2022.  Full Article

GoPro says affirms Q1 2017 revenue at high end of guidance range
Wednesday, 15 Mar 2017 04:05pm EDT 

GoPro Inc : Gopro affirms q1 2017 revenue at the high end of the guidance range and targets full-year non-gaap profitability for 2017 . Gopro inc says cuts 2017 operating expenses by more than $200 million year over year . Gopro inc- also announced a restructuring that reduces full-year gaap operating expenses to below $585 million . Gopro inc says restructuring that reduces full-year gaap operating expenses to below $585 million and non-gaap operating expenses to below $495 million . Gopro inc- will incur total aggregate charges of up to $10 million for restructuring . Gopro - reduction in operating expenses is achieved with cuts to program costs, headcount, open positions, totaling elimination of about 270 positions . Gopro inc- expects to recognize restructuring charges in q1 of 2017 . Gopro inc- "expect to be ebitda positive for full-year 2017" .Gopro inc says expect to deliver revenue in upper end of guidance range of between $190 million and $210 million in first quarter of 2017.  Full Article

GoPro Q4 revenue $540.6 mln vs. $436.6 mln
Thursday, 2 Feb 2017 04:05pm EST 

GoPro Inc : GoPro Inc-Qtrly GAAP gross margin 39.2% versus 29.4 percent . GoPro announces fourth quarter and full year 2016 results . GoPro Inc-Qtrly non-GAAP gross margin 39.5% versus 29.6 percent . GoPro Inc- Sees Q1 2017 revenue of $200 million +/- $10 million . GoPro Inc-Sees Q1 2017 GAAP and non-GAAP gross margin in low 30% range . GoPro Inc - Qtrly loss per share $0.82 . GoPro Inc - Qtrly non-GAAP earnings per share $0.29 . GoPro Inc - Qtrly revenue $540.6 million versus $436.6 million . GoPro Inc - Sees 2017 GAAP operating expenses below $688 million . GoPro Inc - Sees Q1 GAAP operating expenses of between $168 million and $178 million . Q1 earnings per share view $-0.26, revenue view $267.6 million -- Thomson Reuters I/B/E/S .FY2017 earnings per share view $-0.35, revenue view $1.42 billion -- Thomson Reuters I/B/E/S.  Full Article

Gopro approved an increase in restructuring charges
Tuesday, 20 Dec 2016 05:13pm EST 

Gopro Inc : On Dec 14, board approved an increase of approximately $7 million to company's estimated total aggregate restructuring charges - SEC filing . $7 million restructuring charges are in addition to approximately $24 million to $33 million in restructuring charges previously disclosed by Company .Company expects to recognize most of restructuring charges in Q4 of 2016- SEC filing.  Full Article

GoPro announces restructuring ; reducing workforce by about 15 percent
Wednesday, 30 Nov 2016 08:17am EST 

Gopro Inc : GoPro announces restructuring ; cutting 200 full-time jobs plus the cancelation of open positions for a reduction in force of about 15 percent . Says Tony Bates will depart his position as President of the company at the end of the year . Gopro - Will incur total charges of about $24 million- $33 million for restructuring, including about $13 million-$18 million as a result of workforce reduction . GoPro - Expects to recognize most of the restructuring charges in Q4 2016 Source : http://bit.ly/2gJpMoT ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

BRIEF-GoPro announces Karma recall and refund program
Tuesday, 8 Nov 2016 07:54pm EST 

Corrects to add dropped words in second bullet.GoPro Inc : GoPro announces Karma recall and refund program . Says recall was announced after GoPro discovered that in a very small number of cases Karma units lost power during operation . No related injuries or property damage have been reported. . Plans to resume shipment of Karma as soon as issue is resolved . Recall of approximately 2,500 Karma drones purchased by consumers since Oct. 23 .Replacement units are not being offered.  Full Article

BRIEF-GoPro CEO Nick Woodman on CNBC says on track to achieve Q2 guidance

* GoPro Inc CEO Nick Woodman on CNBC says on track to achieve Q2 guidance Further company coverage: