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GoPro Inc (GPRO.OQ)

GPRO.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

GoPro Releases Mobile OverCapture For Its Fusion 360 Camera
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - GoPro Inc ::GOPRO UNLOCKS NEW CREATIVE POSSIBILITIES IN IMAGE CAPTURE WITH RELEASE OF MOBILE OVERCAPTURE EXPERIENCE FOR ITS FUSION 360 CAMERA.GOPRO INC - HERO6 IS NOW PRICED AT $399.99, HERO5 BLACK AT $299.99 AND HERO5 SESSION AT $199.99.  Full Article

GoPro Has Reportedly Hired JP Morgan To Put Itself Up For Sale - CNBC
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Gopro Inc ::GOPRO HAS REPORTEDLY HIRED JP MORGAN TO PUT ITSELF UP FOR SALE - CNBC, CITING SOURCES‍​.  Full Article

GoPro Is Working With JPMorgan To Explore A Sale - Source
Monday, 8 Jan 2018 

Jan 8 (Reuters) - GoPro Inc ::GOPRO IS WORKING WITH JPMORGAN TO EXPLORE A SALE - SOURCE.  Full Article

GoPro Reduces Global Workforce From 1,254 Employees As Of Sept 30, 2017 To Fewer Than 1,000 Employees Worldwide
Monday, 8 Jan 2018 

Jan 8 (Reuters) - GoPro Inc ::GOPRO ANNOUNCES PRELIMINARY FOURTH QUARTER 2017 RESULTS.- REDUCING ITS GLOBAL WORKFORCE FROM 1,254 EMPLOYEES AS OF SEPTEMBER 30, 2017 TO FEWER THAN 1,000 EMPLOYEES WORLDWIDE.- GOPRO FOUNDER AND CEO NICHOLAS WOODMAN WILL REDUCE HIS 2018 CASH COMPENSATION TO $1.GOPRO - ‍Q4 REVENUE GUIDANCE INCLUDES NEGATIVE IMPACT OF ABOUT $80 MILLION FOR PRICE PROTECTION ON HERO6 BLACK, HERO5 BLACK & HERO5 SESSION CAMERAS.- "HOSTILE REGULATORY ENVIRONMENT IN EUROPE AND UNITED STATES WILL LIKELY REDUCE TOTAL ADDRESSABLE MARKET IN YEARS AHEAD".- RESTRUCTURING OF GOPRO'S BUSINESS WILL RESULT IN AN ESTIMATED AGGREGATE CHARGE OF $23 MILLION TO $33 MILLION.- "‍AT THE START OF HOLIDAY QUARTER WE SAW SOFT DEMAND FOR OUR HERO5 BLACK CAMERA​".- EXPECTS TO RECOGNIZE MOST OF RESTRUCTURING CHARGES IN Q1 OF 2018.- EXPECTS GAAP GROSS MARGIN FOR Q4 OF 2017 TO BE BETWEEN 24% AND 26%​.- ‍NON-GAAP GROSS MARGIN FOR Q4 OF 2017 IS EXPECTED TO BE BETWEEN 25% AND 27%​.GOPRO ANNOUNCES PRELIMINARY FOURTH QUARTER 2017 RESULTS.SEES Q4 2017 REVENUE ABOUT $340 MILLION.- RESTRUCTURING CHARGE OF $23 MILLION TO $33 MILLION, INCLUDES ABOUT $13 MILLION TO $18 MILLION OF CASH EXPENDITURES AS A RESULT OF A REDUCTION IN FORCE.GOPRO - "‍DESPITE SIGNIFICANT MARKETING SUPPORT, WE FOUND CONSUMERS WERE RELUCTANT TO PURCHASE HERO5 BLACK AT SAME PRICE IT LAUNCHED AT ONE YEAR EARLIER​".  Full Article

Gopro Cuts 200-300 Jobs, Largely Impacting Its Drone Division- TechCrunch
Friday, 5 Jan 2018 

Jan 4 (Reuters) - :GOPRO CUTS 200-300 JOBS, LARGELY IMPACTING ITS DRONE DIVISION- TECHCRUNCH, CITING SOURCES‍​.  Full Article

GoPro Inc reports Q3 non-GAAP earnings per share $0.15
Thursday, 2 Nov 2017 

Nov 1 (Reuters) - GoPro Inc :GoPro announces third quarter 2017 results.Q3 non-GAAP earnings per share $0.15.Sees q4 2017 non-GAAP earnings per share $0.37 to $0.47.Sees q4 2017 GAAP earnings per share $0.25 to $0.35.Q3 GAAP earnings per share $0.10.Q3 earnings per share view $0.02 -- Thomson Reuters I/B/E/S.GoPro Inc qtrly ‍revenue $329.8 million versus $240.6 million.GoPro Inc sees q4 ‍revenue of $470 million +/- $10 million​.GoPro Inc sees q4 ‍GAAP and non-GAAP gross margin of 41.5% +/- 50 basis points​.GoPro Inc qtrly ‍GAAP gross margin 39.6 % versus 40.3 %​.GoPro Inc qtrly ‍ non-GAAP gross margin 40.1 percent versus 40.6 percent​.GoPro Inc sees q4 ‍GAAP EPS to be between $0.25 and $0.35​.Q3 revenue view $313.8 million -- Thomson Reuters I/B/E/S.GoPro Inc sees ‍q4 non-GAAP EPS to be between $0.37 and $0.47​.Q4 earnings per share view $0.57, revenue view $521.2 million -- Thomson Reuters I/B/E/S.  Full Article

Gopro Inc ‍will be expanding its presence in Bucharest, Romania​
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Gopro Inc :Gopro Inc - ‍will be expanding its presence in Bucharest, Romania with a move to a larger office space in Timpuri Noi Square.​.  Full Article

GoPro says 'Hero5', 'Karma' on track to launch later this year- conf call
Thursday, 28 Jul 2016 

GoPro Inc : Says new drone 'Karma' is on track to launch later this year- conf call . Says well-positioned to become leader in drone category with Karma - conf call . Says 'Hero5' line is on track to launch later this year - conf call . Says will see sequential growth in operating expense in second half- conf call Further company coverage: [GPRO.O] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

GoPro reports Q2 GAAP loss per share $0.66
Thursday, 28 Jul 2016 

GoPro Inc : GoPro announces second quarter 2016 results . Q2 GAAP loss per share $0.66 . Sees FY 2016 revenue $1.35 billion to $1.5 billion . Q2 revenue $221 million versus I/B/E/S view $194.3 million . Q2 non-GAAP loss per share $0.52 . Quarterly GAAP gross margin 42.1 percent versus 46.3 percent last year . GAAP net income profitable for q4 of 2016 . Quarterly non-GAAP gross margin 42.4 percent versus 46.4 percent last year . Sees GAAP and non-GAAP gross margin of 40% plus or minus 1% for second half of 2016 . Sees GAAP and non-GAAP net income profitable for Q4 of 2016 . Sees revenue between $1.35 billion and $1.5 billion for 2016 . FY2016 revenue view $1.34 billion -- Thomson Reuters I/B/E/S .Q2 earnings per share view $-0.58 -- Thomson Reuters I/B/E/S.  Full Article

GoPro signs exclusive partnership with India's Reliance Digital
Thursday, 2 Jun 2016 

GoPro Inc : Gopro Inc says exclusive partnership with India's Reliance Digital .Partnership will put Gopro's cameras, along with various mounts and accessories, on shelves of 1800 Reliance Digital spread across 500 cities.  Full Article

Deals of the day-Mergers and acquisitions

Jan 9 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday: