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.
GoPro, Inc. (NASDAQ: GPRO) celebrates five years of engineering operations in Bucharest, Romania, announcing permanent remote work options for employees. This initiative enhances its hybrid work model and promotes the Romanian hub as a vital research and development center. The company is actively hiring for various roles, supporting a culture that encourages flexibility and innovation. GoPro was recently recognized in Outside Magazine's Best Places to Work list. This move aims to attract talent across Romania, reflecting GoPro's commitment to adapting to modern work preferences.
GoPro has launched the HERO10 Black Creator Edition, designed for professional video recording. It features Emmy Award-winning HyperSmooth 4.0 stabilization, 5.3K video, and a new battery grip called Volta, which allows over 4 hours of recording. Priced at $581.96 for subscribers and $784.95 MSRP, this edition combines multiple GoPro products into one package. The Volta grip enhances usability with integrated controls and can be used as a remote. This innovative camera aims to simplify vlogging and filmmaking experiences.
GoPro, Inc. (NASDAQ: GPRO) will present at the Morgan Stanley Technology, Media & Telecom Conference on March 8, 2022, at 1:15 PM PT (4:15 PM ET). A live webcast of the event will be accessible for replay on GoPro's website.
Celebrating its 20th anniversary in 2022, GoPro continues to innovate in helping people capture and share immersive experiences.
For further details, visit the Events & Presentations section of GoPro's investor website.
GoPro, Inc. reported Q4 2021 revenue of $391 million, a 9% increase year-over-year, driven by strong direct-to-consumer sales and subscriptions. Full-year revenue reached $1.16 billion, up 30% compared to 2020. Subscription revenue surged 131%, totaling $52.9 million. The company reached a record cash balance of $539 million and achieved a GAAP net income of $371 million for the year. Gross margins improved significantly, with GAAP metrics at 41.2%. GoPro also announced a stock repurchase program of up to $100 million. Overall, the company demonstrated robust growth and profitability amidst a challenging market.
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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.