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. (NASDAQ: GPRO) regularly issues news and press releases that highlight its role in photographic equipment manufacturing, content creation, and subscription services. This news feed focuses on developments that show how GoPro helps the world capture and share itself in immersive and exciting ways, from new camera launches to AI‑driven software and cloud initiatives.
Recent announcements describe GoPro’s expanding hardware lineup, including the MAX2 360 camera with True 8K video resolution, the LIT HERO ultra‑compact lifestyle camera, and the Fluid Pro AI multi‑camera gimbal designed for GoPro cameras, smartphones, and compact point‑and‑shoot cameras. GoPro also publishes updates on its 360‑specific accessories, such as MAX2 lens kits, extension poles, mounts, power solutions, and protective gear that support immersive capture in demanding environments.
GoPro’s news also covers software and cloud enhancements, including new 360 editing tools in the Quik mobile app, advanced features in the GoPro Player desktop app, and plugins like GoPro ReFrame for DaVinci Resolve. The company reports on AI‑related initiatives such as AI‑powered subject tracking, 360 footage classification, and its AI Training program, which allows subscribers to license cloud‑stored video content for third‑party AI model training.
Investors and creators will find updates on financial results, credit and warrant agreements, and direct equity investments disclosed through earnings releases and 8‑K filings. GoPro also shares recognition such as Technology & Engineering Emmy Awards for its 360 technology and inclusion in Newsweek’s World’s Most Trustworthy Companies list. Bookmark this page for an organized view of GoPro’s product announcements, financial disclosures, partnerships, and creator‑focused programs.
GoPro reported Q2 2020 revenue of $134 million, a 12% increase from Q1 2020, but a significant decline of 54.1% year-over-year. The GAAP gross margin decreased to 30.3% compared to 34.9% in Q2 2019, resulting in a net loss of $51 million or $0.34 per share. Operating expenses fell to their lowest levels since 2014, totaling $86 million. Despite challenges, the direct-to-consumer model showed promise, with camera sell-through of nearly 750,000 and a record 44% of revenue from GoPro.com, highlighting consumer demand amidst the pandemic.
GoPro, Inc. (NASDAQ: GPRO) has launched a new line of lifestyle gear, available exclusively on GoPro.com. This range includes bags starting at $19.99, clothing from $24.99, and accessories like floating sunglasses at $29.99. GoPro's founder, Nicholas Woodman, emphasizes the brand's commitment to supporting active lifestyles. Additionally, GoPro PLUS subscribers can enjoy a 30% discount on these products. The company is also hosting a virtual charitable event called #GoProLiveIt from July 31 to August 2, donating $1 for each social media post tagged with the event's hashtag.
On July 9, 2020, GoPro announced that its HERO8 Black camera can now be used as a 1080p HD webcam through a beta firmware update and a desktop utility. This new feature allows users to enhance their video conferencing experience with wide-angle views. Currently, the GoPro Webcam desktop utility supports Mac OS, with Windows support under development. Compatible platforms include Zoom, Microsoft Teams, and more, making it simple for educators, fitness instructors, and other users to present wide perspectives during their sessions.