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), the pioneer in action camera technology, empowers users worldwide to capture immersive experiences through rugged, innovative devices. This dedicated news hub provides investors and enthusiasts with timely updates on corporate developments, product innovations, and financial milestones.
Access official press releases, earnings reports, and strategic announcements in one centralized location. Stay informed about new product launches, partnerships, financial performance, and market initiatives that shape GoPro's position in the consumer electronics industry. Our curated collection serves as an essential resource for tracking the company's progress in advancing digital imaging solutions.
Bookmark this page for streamlined access to verified information about GoPro's technological advancements, community-driven initiatives, and corporate updates. Check back regularly to maintain current awareness of developments impacting this innovative leader in adventure-focused content creation.
GoPro, Inc. (GPRO) reported Q1 2022 revenue of $217 million, a 6% increase year-over-year. GAAP earnings per share (EPS) reached $0.04, while non-GAAP EPS was $0.09. Subscriber growth surged 85% to 1.74 million, contributing to a 73% rise in subscription and service revenue to $19 million. Cash and investments climbed 52% to $450 million. GoPro emphasized its ongoing transition to a direct-to-consumer model, with new product launches expected to drive further growth.
GoPro, based in San Mateo, California, announced its participation in two upcoming investor conferences. The Needham 17th Annual Technology & Media Conference is scheduled for May 16, 2022, at 3:00 PM Eastern Time, while the J.P. Morgan 50th Annual Global Technology, Media and Communications Conference will take place on May 24, 2022, at 9:30 AM Eastern Time. Live webcasts and replays will be available on GoPro's website. Celebrating its 20th anniversary in 2022, GoPro continues to innovate in capturing and sharing immersive content.
GoPro, Inc. (NASDAQ: GPRO) will disclose its first quarter financial results for the period ending March 31, 2022, post-market on May 5, 2022. The company's management will provide insights through a conference call at 2:00 p.m. PT (5:00 p.m. ET) the same day. Interested parties can access the call via a designated number or through a live webcast available on the GoPro Investor Relations site. A replay of the session will also be accessible from approximately two hours after the call until July 28, 2022.
GoPro has launched the HERO10 Black Bones, the lightest GoPro yet, weighing just 54 grams. Designed for FPV (First Person View) drone cinematographers, it offers the same image quality as the HERO10 Black, featuring the high-performance GP2 processor and HyperSmooth 4.0 stabilization technology. Priced at $399.99 with a one-year subscription or $499.99 without, the camera captures 5K and 4K video at impressive frame rates. Available immediately, the launch follows the recent introduction of the HERO10 Black Creator Edition.
GoPro, Inc. (NASDAQ: GPRO) has launched the GoPro Player + ReelSteady desktop application, priced at $99.99. This powerful tool enhances content creation for filmmakers with professional-level features like ReelSteady stabilization, lens correction, and batch export. The new application allows users to produce smooth, high-quality footage with real-time playback. Current ReelSteady GO users can upgrade for free. Available for both Mac and Windows, this application underscores GoPro's commitment to supporting creative professionals.
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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