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 (NASDAQ: GPRO) has released its financial results for Q4 and full-year 2024. The company reported annual revenue of $801 million and fourth quarter revenue of $201 million. A notable highlight was the company's Subscription and Service Revenue, which reached $107 million, representing a 10% increase year-over-year.
GoPro (NASDAQ: GPRO) announced that its diversified supply chain strategy effectively minimizes the impact of U.S. tariffs on its operations. The company has proactively relocated its U.S.-bound camera production outside of China, resulting in no material effects on U.S. consumer pricing or gross margins from recent tariff announcements.
CFO and COO Brian McGee emphasized the company's ongoing efforts to optimize its supply chain for improved product delivery at lower costs. The company also announced it will release its Q4 and full-year 2024 financial results on February 6, 2025, followed by a conference call and webcast at 2:00 p.m. Pacific Time.
GoPro (NASDAQ: GPRO) has announced significant updates to its HERO camera, enhancing its capabilities with new 4K 4:3 aspect ratio video settings and SuperView Digital Lens options. The 86-gram camera, priced at $179 ( time offer from $199 MSRP), now offers wider and more immersive video capture.
The new 4:3 aspect ratio utilizes the sensor's full dimensions, ideal for first-person perspectives, selfie shots, and social media sharing on platforms like Instagram, TikTok, and Facebook. The SuperView Digital Lens feature, previously available only in higher-priced models, is now offered as a free in-app option, allowing users to convert 4:3 video into 16:9 format with an enhanced wide-angle effect.
The HERO camera has received recognition from major reviewers, including The New York Times Wirecutter, which named it "The best budget-friendly action camera." The updates are available through the GoPro Quik app on iOS and Android or via GoPro.com.
GoPro (NASDAQ: GPRO) has announced exclusive partnerships with MotoGP and MXGP (FIM Motocross World Championship) to provide helmet-mounted camera coverage of races. The partnership will utilize HERO13 Black and HERO12 cameras to capture POV content from riders' perspectives.
As part of the agreement, GoPro will become a title sponsor of a Grand Prix in 2025. The collaboration includes integrated event activations, custom content with athletes and teams, and exclusive behind-the-scenes experiences across GoPro's digital platforms. The content will be featured across social media channels and broadcasts throughout the racing season.
MotoGP will specifically feature high-resolution helmet-mounted lap previews of each track, while MXGP will capture entire races from start to finish using the mounted cameras.
GoPro (NASDAQ: GPRO) has announced it will release its Q4 and full-year 2024 financial results after market close on Thursday, February 6, 2025. The company will host a conference call and live webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day to discuss the results.
Investors can access the live conference call by dialing +1 833-470-1428 (US) or +1 404-975-4839 (International) with access code 687084. A webcast link and management commentary will be available on GoPro's Investor Relations website before the call. The replay will be accessible until May 7, 2025.
GoPro (NASDAQ: GPRO) has partnered with Teton Gravity Research (TGR) for their 29th annual ski and snowboard film, 'Beyond the Fantasy'. The film features GoPro athletes Sammy Carlson, Nick McNutt, Kai Jones, and Parkin Costain, showcasing extreme snow sports captured using the HERO12 Black camera. The collaboration highlights the camera's wide field-of-view and advanced video stabilization capabilities, essential for capturing immersive POV footage. The film is currently showing in theaters worldwide, demonstrating the possibilities in modern skiing and snowboarding while showcasing GoPro's filming capabilities.
GoPro announced its Q3 2024 financial results, reporting revenue of $259 million. The company's subscriber base grew by 2% year-over-year to 2.56 million, contributing to a subscription and service revenue of $27.5 million, an 11% increase year-over-year.
Additionally, GoPro revealed an updated restructuring plan aimed at substantially reducing operating expenses.
GoPro (NASDAQ: GPRO) has announced the release date for its third quarter 2024 financial results. The company will disclose its earnings after market close on Thursday, November 7, 2024, followed by 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 interested parties can access the webcast through the 'Events & Presentations' section of GoPro's Investor Relations website. For those preferring to listen via phone, dial-in numbers are provided. A webcast link and management commentary will be available prior to the call. The earnings call replay will be accessible until January 15, 2025.
GoPro (NASDAQ: GPRO) has announced its return as the exclusive action camera for the 2024 Red Bull Rampage, the premier big-mountain freeride mountain bike event in Virgin, Utah. For the first time, the event will feature a women's competition on October 10th, followed by the men's competition on October 12th. All riders, including four GoPro athletes, will use the HERO13 Black with Ultra Wide Lens to capture immersive POV footage.
GoPro athletes Vero Sandler and Casey Brown will compete in the historic women's event, while Reed Boggs and Brendan Fairclough will participate in the men's competition. The new Ultra Wide Lens expands the field of view to 177°, offering fans an unprecedented perspective of the action. The events will be broadcast on ESPN+, Red Bull TV, and Red Bull Bike's YouTube channel, with highlight shows airing on ESPN2 on October 27th.
GoPro (NASDAQ: GPRO) has launched its new $199 'HERO' camera, now available globally in retail stores and online. This compact 4K camera weighs only 86 grams and is designed for simplicity and affordability. Key features include:
- Waterproof up to 16ft (5m)
- 4K video and 12MP photos
- 2x slo-mo at 2.7K resolution
- Intuitive touch display and one-button control
- HyperSmooth video stabilization
- Long-lasting Enduro battery
The HERO camera is 35% smaller in volume and 46% lighter than the HERO13 Black model. It's aimed at travelers, creators, families, and adventure seekers looking for a durable, versatile, and affordable GoPro experience.