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GoPro Inc (GPRO.OQ)

GPRO.OQ on NASDAQ Stock Exchange Global Select Market

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Thu, May 3 2018

Photo

GoPro sells more cameras on ad push, driving revenue beat

Action-camera maker GoPro Inc's first-quarter revenue beat expectations and it reported a smaller-than-expected loss on Thursday, benefiting from aggressive marketing of its cameras and controlling expenses.

UPDATE 2-GoPro sells more cameras on ad push, driving revenue beat

* Shares rose as much as 7 pct (Adds details on quarter, analyst comments, executive comments)

BRIEF-GoPro Reports Quarterly Loss Per Share Of $0.55

* QUARTERLY GAAP GROSS MARGIN 22.2 PERCENT VERSUS 31.4 PERCENT REPORTED LAST YEAR

UPDATE 1-GoPro reports smaller-than-expected loss on lower costs

May 3 Action-camera maker GoPro Inc reported a smaller-than-expected first-quarter loss on Thursday as the company cut costs and sold more of its new entry-level cameras.

GoPro reports 7.4 pct drop in quarterly revenue

May 3 Action-camera maker GoPro Inc reported a 7.4 percent drop in first-quarter revenue on Thursday, as the company struggled to drive demand for its flagship cameras.

BRIEF-Gopro Says Users Can Add Gopro Photo And Video Footage Direct To Instagram Story From Gopro App

* GOPRO INC - USERS CAN ADD THEIR GOPRO PHOTO AND VIDEO FOOTAGE DIRECT TO THEIR INSTAGRAM STORY FROM THE GOPRO APP Source text for Eikon: Further company coverage:

BRIEF-GoPro Appoints Eve Saltman Vice President, Corporate/Business Development And General Counsel

* GOPRO APPOINTS EVE SALTMAN VICE PRESIDENT, CORPORATE/BUSINESS DEVELOPMENT AND GENERAL COUNSEL Source text for Eikon: Further company coverage:

BRIEF-GoPro Launches Entry-Level Hero Camera For $199

* GOPRO INC SAYS LAUNCHES ENTRY-LEVEL HERO CAMERA FOR $199 Source text for Eikon: Further company coverage:

BRIEF-GoPro And Jabil Announce Global Technology And Equipment License

* GOPRO AND JABIL ANNOUNCE GLOBAL TECHNOLOGY AND EQUIPMENT LICENSE

BRIEF-GoPro Announces Qtrly Loss Per Share $0.41

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

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