Gopro Inc Stock Price, News & Analysis

GoPro (NASDAQ: GPRO) has unveiled two new cameras: the $399 HERO13 Black and the $199 HERO. The HERO13 Black features magnetic latch mounting, GPS, extended power capabilities, and four swappable HB-Series Lens options. It offers 5.3K 60fps video, HyperSmooth stabilization, and a redesigned 10% larger capacity Enduro battery. The new HERO is the smallest ever HERO with a screen, weighing 86 grams and offering 4K resolution with a simplified interface. Both cameras are compatible with the Quik app, which provides features like automatic highlight videos and cloud backup for GoPro subscribers. The HERO13 Black is available for preorder now, shipping September 10, while the HERO will be available from September 22.

GoPro (NASDAQ: GPRO) has announced that its top executives will be presenting at the Oppenheimer 27th Annual Technology, Internet & Communications Conference. The presentation is scheduled for Monday, August 12, 2024, at 11:35am Eastern Time.

Key points:

• Presenters: Nicholas Woodman (Founder and CEO) and Brian McGee (CFO and COO)
• Event: Oppenheimer Technology, Internet and Communications Conference
• Date and Time: August 12, 2024, at 11:35am ET
• A live webcast will be available on GoPro's investor relations website
• The presentation will also be accessible for replay after the event

This event provides an opportunity for investors and analysts to gain insights into GoPro's current operations and future strategies directly from its leadership team.

GoPro (NASDAQ: GPRO) announced its Q2 financial results for the period ending June 30, 2024. The company reported revenue of $186 million, exceeding guidance by 9%. Subscribers grew 4% year-over-year, reaching 2.53 million. Subscription and service revenue increased by 8% year-over-year to $26 million.

GoPro (NASDAQ: GPRO) has partnered with Universal Pictures, Warner Bros. Pictures, and Amblin Entertainment for their upcoming film Twisters, set to release in U.S. theaters on July 19. GoPro's durable cameras were instrumental in capturing intense action scenes, withstanding extreme weather conditions to bring viewers into the heart of roaring tornadoes.

The film crew utilized up to 20 GoPro cameras simultaneously in some of the most intense scenes, mounting them on vehicles, weather instruments, and even having actors use them on-set. This collaboration showcases GoPro's technological capabilities and its ability to push the boundaries of action cinematography.

Frank Zambetti, the behind-the-scenes camera operator, praised GoPro's evolving technology, highlighting its versatility and high-speed shooting capabilities for amazing slow-motion footage.

GoPro (NASDAQ: GPRO) has announced its upcoming second quarter 2024 earnings release and conference call. The financial results for the quarter ending June 30, 2024, will be disclosed after market close on August 6, 2024. Following this, GoPro's management will host a conference call and live webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results.

Investors and analysts can access the call by dialing +1 833-470-1428 (US) or +1 404-975-4839 (International) with the access code 368178. A webcast link and management commentary will be available on GoPro's Investor Relations website prior to the call. For those unable to attend live, a replay will be accessible on the investor page until November 4, 2024.

GoPro (NASDAQ: GPRO) announced a new distribution partnership with SoftBank Group's SB C&S in Japan. This agreement will enable SB C&S to sell GoPro cameras and accessories through its extensive retail network, which includes SoftBank stores and major consumer electronics retailers Yodobashi and Yamada. Customers in Japan will have improved access to GoPro's full range of products. Dean Jahnke, GoPro's Senior VP of Global Sales and Channel Marketing, highlighted the expansion of GoPro's retail presence and brand exposure in Japan. The partnership also includes new product displays and training for retailers to enhance the shopping experience for end customers.

GoPro (NASDAQ: GPRO) has been recognized in U.S. News & World Report's 2024-2025 Best Companies to Work For rankings. This is the second consecutive year GoPro has received this honor. The company was featured in three categories: overall Best Companies, Best Companies in the West, and Best in Consumer Products and Services. CEO Nicholas Woodman expressed gratitude towards employees for choosing GoPro and emphasized the company's commitment to helping employees thrive.

GoPro's flexible-location workplace approach has been praised, earning the company spots on Outside Magazine's 50 Best Places to Work list from 2021 to 2023, and the 2023 Mental Health Program of the Year by Transform.us. The rankings were based on companies from the Russell 3000 index with over 75 Glassdoor reviews between 2020-2023. Factors such as pay quality, work-life balance, and professional development opportunities were considered. Visit jobs.gopro.com for more on GoPro's employee experience and career opportunities.

GoPro (NASDAQ: GPRO) has surpassed 50 million cameras sold since launching its HD HERO camera in 2009. The company celebrated this milestone, highlighting its journey of innovation, including the launch of 20 cameras that sold over one million units each. Founder and CEO Nicholas Woodman expressed enthusiasm for the next phase of growth. GoPro's pioneering technology has earned multiple Technical Emmy and Red Dot Design awards, and an induction into IEEE Spectrum's Consumer Electronics Hall of Fame. The company originally began with a 35mm film-based HERO camera in 2004, but sales of pre-2009 models are not included in the 50 million count.

GoPro, Inc. announced a retail expansion at Best Buy stores across North America, enhancing the in-store experience with redesigned product displays, an assisted sales program, and increased accessory space. The goal is to provide customers with a complete GoPro experience and expert advice from trained Best Buy staff.