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GoPro Inc (GPRO.OQ)

GPRO.OQ on NASDAQ Stock Exchange Global Select Market

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

GoPro Rolls Out Enhanced Subscription Service Plus
Wednesday, 31 Jan 2018 04:00pm EST 

Jan 31 (Reuters) - Gopro Inc ::GOPRO ROLLS OUT ENHANCED SUBSCRIPTION SERVICE: PLUS.GOPRO INC - DAMAGE REPLACEMENT, MOBILE CLOUD BACKUP AND UNLIMITED PHOTO STORAGE ADDED TO $4.99 MONTHLY SERVICE.GOPRO INC - NEW GOPRO PLUS IS NOW AVAILABLE IN US FOR $4.99 A MONTH WITH A 30-DAY FREE TRIAL AND WILL EXPAND TO GLOBAL MARKETS LATER THIS YEAR.  Full Article

GoPro Releases Mobile OverCapture For Its Fusion 360 Camera
Tuesday, 9 Jan 2018 09:00am EST 

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 01:25pm EST 

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 12:12pm EST 

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 09:00am EST 

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
Thursday, 4 Jan 2018 08:37pm EST 

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 04:05pm EDT 

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 09:00am EDT 

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 expects Q3 revenue, gross margin will be at high-end of forecast
Thursday, 7 Sep 2017 07:00am EDT 

Sept 7 (Reuters) - GoPro Inc ::GoPro expects third-quarter 2017 revenue and gross margin will be at the high-end of guidance.GoPro - revenue and gross margin for Q3 of 2017 are both expected to be at high end of previously announced respective ranges of between $290-$310 million and 36-38 percent.​.GoPro Inc - ‍HERO6 and Fusion cameras are tracking for launch in 2017​.GoPro Inc - ‍also forecasts Q3 to be profitable on a non-GAAP basis, though not profitable on a gaap basis.​.GoPro Inc - ‍"consumer demand for GoPro products is strong"​.Q3 earnings per share view $-0.05, revenue view $304.0 million -- Thomson Reuters I/B/E/S.  Full Article

Gopro expect margins to continue to improve throughout 2017- conf call
Thursday, 3 Aug 2017 08:47pm EDT 

Aug 3 (Reuters) - Gopro Inc ::EXPECT MARGINS TO CONTINUE TO IMPROVE THROUGHOUT 2017, WITH THE INTRODUCTION OF NEW PRODUCTS - CONF CALL.WE CONTINUE TO TRACK TOWARD OUR GOAL OF LOW DOUBLE-DIGIT REVENUE GROWTH AND FULL YEAR NON-GAAP PROFITABILITY IN 2017 - CONF CALL.OPERATING EXPENSES REMAIN ON TRACK TO BE BELOW $495 MILLION FOR THE YEAR - CONF CALL.  Full Article

BRIEF-GoPro Announces Qtrly Loss Per Share $0.41

* QTRLY NON-GAAP GROSS MARGIN 24.8 PERCENT VERSUS 39.5 PERCENT