Welcome to our dedicated page for Gopro news (Ticker: GPRO), a resource for investors and traders seeking the latest updates and insights on Gopro stock.
GoPro, Inc. develops camera hardware, mounts, accessories, applications, subscriptions and services for immersive image capture. News about GPRO commonly centers on new camera systems such as HERO, MAX and MISSION, imaging processors such as GP3, accessory ecosystems, product availability, industry awards and use cases in sports, content creation, aerospace and other demanding environments.
Company updates also cover earnings communications, direct and partner distribution, subscriber offers, collaborations with media and sports organizations, and efforts to extend GoPro technology into specialized markets including defense and aerospace. These releases connect product design, rugged-camera performance, software and services to the company's consumer and professional imaging business.
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GoPro, Inc. (NASDAQ: GPRO) will announce its financial results for Q4 and the year ended December 31, 2021, after market close on February 3, 2022. A conference call will follow at 2:00 PM PT to discuss results, and details will be available on their Investor Relations website. A replay will be accessible for two hours post-call until April 28, 2022. GoPro is dedicated to helping the world capture and share immersive experiences.
GoPro (GPRO) has released its fourth annual Million Dollar Challenge video featuring 70 user-generated clips captured on the HERO10 Black camera. A total of 61 creators were awarded an equal share of $1 million, with each receiving $16,393.44. The challenge received almost 28,000 submissions from 131 countries, showcasing the camera's features, including 5.3K resolution and HyperSmooth 4.0 stabilization. The submission period lasted from Sept. 16 to Dec. 2, highlighting global engagement and the quality of content created with GoPro's latest technology.
GoPro (NASDAQ: GPRO) announced a downloadable camera update for its HERO10 Black camera on December 15, 2021. The update enables new features including support for the Max Lens Mod super-wide angle accessory, in-camera SuperView digital lens at 5.3K60 video resolution, and 24 frames per second video across various resolutions. Users can update their cameras via the Quik app. These enhancements aim to provide HERO10 Black owners with greater creative freedom and improved video capabilities.
GoPro (NASDAQ: GPRO) announces the launch of its new Enduro battery, enhancing HERO10 and HERO9 camera performance in cold temperatures and extending recording times across various conditions. Priced at $24.99, with a 20% discount for GoPro subscribers, the Enduro battery offers significant improvements in video recording times, particularly in cold weather and moderate temperatures. This new product is targeted at winter sports enthusiasts and will be available online and in select stores starting early 2022. Special holiday pricing for HERO cameras and accessories is also available at GoPro.com.
GoPro (NASDAQ: GPRO) has announced its participation in two upcoming virtual investor conferences. The first is the Wells Fargo TMT Summit on December 1, 2021, at 4:00 PM ET, followed by the Raymond James Technology Investor Conference on December 6, 2021, at 3:10 PM ET. Investors can access live webcasts and replays on the company’s website.
This presentation aims to provide insights into GoPro's strategies and innovations, emphasizing its commitment to immersive content-sharing.
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GoPro, Inc. reported strong financial results for Q3 2021, with revenue of $317 million, up 13% year-over-year. The company achieved a GAAP net income of $312 million or $1.92 per share, significantly higher than the previous year’s $3 million. Gross margins improved to 43.6%, the highest since 2015. The launch of the new HERO10 Black camera and a robust subscription strategy also contributed to these results. Free cash flow from operations reached $166 million, equating to 15% of revenue.
GoPro (NASDAQ: GPRO) announced a game-changing Enduro battery for its HERO10 and HERO9 Black cameras, which enhances cold temperature performance and extends video recording times in various conditions. Available for purchase on November 30 for $24.99, the Enduro battery allows up to 115 minutes of 1080p30 recording at 14°F / -10°C. Alongside this, a firmware update for the HERO10 Black will introduce three new video performance modes, enabling optimized recording times and camera efficiency.
GoPro, Inc. (NASDAQ: GPRO) will release its financial results for Q3 2021, ending September 30, after market close on November 4, 2021. A conference call and webcast will follow at 2:00 p.m. PT (5:00 p.m. ET) to discuss these results. Interested parties can access the webcast via the Investor Relations section of GoPro's website. A replay will be available shortly after the call until January 27, 2022.